CHINA IMPOSES RETALIATORY TARIFFS ON USA DRINKS SECTOR

THE AMERICAN drinks industry has been counting the cost of the latest tariffs that will be imposed on its exports to China. The State Council Tariff Commission of China announced (Friday Aug 23) that it would from September 1 and December 15 impose 10% and 5% additional duties – with Chinese government documents clarifying the wide range of products affected. The Chinese commission released two lists of tariffs - the September 1 schedule of duties – see http://gss.mof.gov.cn/zhengwuxinxi/zhengcefabu/201908/P020190823604938915640.pdf and the December 15 list ...


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