US Tariffs: China Hits Back With Addl Duties

China’s retaliatory actions followed after the US imposition of an additional 10% tariff on products imported from China, effective from March 4. The unilateral imposition of tariffs by the US undermines the multilateral trading system

Beijing: China on Tuesday retaliated US President Donald Trump’s imposition of 2nd round of ten per cent tariffs on its export by slapping an additional 15 per cent tariffs on American goods and initiated legal action against Washington in WTO while leaving the door open for talks to address each other’s concerns. China will impose additional tariffs on some products imported from the United States, effective from March 10, the China’s Customs Tariff Commission said Tuesday.

An additional 15-per cent tariff will be imposed on imported chicken, wheat, corn and cotton originating from the US, it said in a statement. Sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables and dairy products will be subject to an additional 10-per cent tariff. Additionally, China decided on Tuesday to add 10 US firms to the country’s unreliable entity list and take corresponding measures against them. They include a number of companies linked to defence and security besides AI, aviation, IT and “dual-use” items that carry both civilian and military applications.