CHINA TOBACCO EXPORTERS HIT BY USA TARIFF INCREASE THAT LOOK LIKELY TO STAY IN PLACE
May 1st, 2019
CHINESE tobacco exporters are facing stiff additional duties of 25% imposed by the US government on a wide range of tobacco products imported into the USA, as the two countries’ trade war worsens.
Washington has increased previous 10% additional duties on manufactured lines, leaf and tobacco waste from China to 25% from May 10, citing a lack of progress on ongoing trade talks.
A US government statement released in the US Federal Register said that while the two countries have been trying to negotiate a trade deal addressing American concerns about Chinese ...
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