China announced a response to US tariff

Китай объявил об ответных мерах на пошлины США

The Chinese government will increase duty on 5-25% for more than five thousand kinds of goods from the United States.

China’s Ministry of Finance announced its intention to increase import duties on some American goods worth $60 billion this was reported on the Agency’s website on Monday, may 13.

So, China will increase the amount of fees to 25% of the almost 2.5 thousand types of products imported from the United States. In addition, a fee of 20% will be taxed at about 1.1 thousand goods, and a tax of 10% – about 1 thousand products, a fee of 5% is introduced for nearly 600 kinds of products.

We will remind, on may 10, the U.S. imposed the customs duties on imported goods from China worth $200 billion a year, which is expected on 1 January, but has been repeatedly postponed.

It also became known that on behalf of the President of the United States Donald trump is preparing to increase duties on imported goods from China worth a further $300 billion.

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