Trade Wars: The United States Adds 25% Tariffs To Some Chinese Products.

According to the announcement recently issued by the US trade representative's office on the second batch of 34 billion dollar tariff exclusion list, the sale of some commodities will be re imposed 25% duty from March 25th this year.

Since July 6, 2018, the United States has imposed a 25% tariff on Chinese exports of a total value of about $34 billion. In March 25, 2019, the office of the trade representative of the United States announced that it would temporarily exempt tariffs on some of the commodities for a period of one year. Before the expiration of the one year deadline, the United States updated the list of temporary exemption from tariffs, of which 11 items were extended for 1 years and 22 goods were not extended. They will be recharged 25% from March 25th. According to the announcement, the commodities that extend the exemption period include diving water filtration machinery, sucking apparatus, etc., which will be added in March 25th, including submersible centrifugal pumps, cast iron impeller housings, compressor housings designed for turbochargers, etc.