aug 23, 2018 - (23) US & China levy additional $16 billion in tariffs on one another
Description:
August 23, 2018: According to the U.S. Customs and Border Protection (CBP), the additional import duties for Chinese goods covered by the Section 301 action officially take into effect after 12:01am. The new duties will affect 279 lines of products, which cover approximately $16 billion worth of imports from China. Meanwhile, U.S. companies may request to exclude a particular product from the additional tariff by following the procedure stated in the Federal Register notice.
10. On the same day, China said it immediately put its own retaliatory tariffs on approximately $16 billion American goods. China’s Ministry of Commerce (MOFCOM) also said it filed a new WTO complaint about the United States’ Section 301 tariff measures on Chinese goods on August 23, 2018. [Policy document]
Added to timeline:
Trade Timeline
Date: