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February 6, the State Council Tariff Tariff Commission (hereinafter referred to as Tax Authority) issued a public notice, to adjust the measures imposed tariffs on the origin of about $ 75 billion in US imports, since 2020, at 13:01 on February 14 onwards, For goods that have been subject to an additional 10% tariff from September 1, 2019, the additional tax rate will be adjusted to 5%; for goods that have been subject to an additional 5% tariff, the additional tax rate will be adjusted to 2.
tariff
Specifically, the tariff adjustment is in response to the "Announcement of the Tariff Commission of the State Council on Imposing Additional Tariffs on Certain Imported Goods (Third Batch) Originating in the United States" issued on August 23, 2019, as listed in Part 1 and Part 2 of Annex 1.
(Keywords: tariffs on plastic products)