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Tanjug |
Wednesday,
19.09.2018.|
11:00
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Copy linkChina to implement tariffs on American goods worth USD 60 billion on September 24
Beginning with September 24, China will charge tariffs on American products worth USD 60 billion as a retaliatory move caused by new American tariffs, the Chinese Finance Ministry announced today.
Beijing will impose levies on U.S. products at 5 and 10%, instead of previously proposed rates of 5, 10, 20 and 25%, Reuters reports.
Where it planned to implement rates of 20 and 25%, China will now implement rates of 10%. One example is liquefied natural gas, where the rate of 10% will be implemented instead of the previously announced 25%.
The tariffs come into force on September 24, the same date the rates of 10% on USD 200 billion worth of Chinese goods come into effect.
Beijing will impose levies on U.S. products at 5 and 10%, instead of previously proposed rates of 5, 10, 20 and 25%, Reuters reports.
Where it planned to implement rates of 20 and 25%, China will now implement rates of 10%. One example is liquefied natural gas, where the rate of 10% will be implemented instead of the previously announced 25%.
The tariffs come into force on September 24, the same date the rates of 10% on USD 200 billion worth of Chinese goods come into effect.
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