The Counterattack Comes Into Effect! China Imposed Tariffs On Some US Imports In June 1St.

It was learned that China's "counterattack" came into force in June 1st under the "bombing" of us customs offices.

According to the third announcement of the Customs Tariff Commission of the State Council in 2019, China has raised tariff rates on some imported commodities originating in the United States since June 1, 2019.

Earlier, the US government announced that since May 10, 2019, tariff rates on goods imported from China for 200 billion US dollars have increased from 10% to 25%.

As a counterattack, the Customs Tariff Commission of the State Council decided to increase the tariff rate on some imported commodities originating in the United States since 0 June 1, 2019.

According to the announcement, the Customs Tariff Commission of the State Council has imposed tariffs of 25%, 20% and 10% on some of the commodities imported from the United States, which are about $60 billion in imports.

A tariff of 5% would be imposed on the taxable commodities which had previously imposed 5% tariffs.

The tumultuous trade war between China and the United States is still continuing, and the parties are also actively coping with it.

It is understood that the Information Office of the State Council will publish a white paper on China's position on Sino US economic and trade consultations on June 2nd (Sunday), and will hold a press conference at the press office of the Information Office of the State Council at 10 on the same day.