China increases tariffs on imported US products from June 1

2019-06-01
Xinhua

BEIJING — China has raised the rate of additional tariffs imposed on some of the imported US products from June 1, according to a statement from the Customs Tariff Commission of the State Council.

China increased the rate of additional tariffs on some of the about $60 billion worth of US imports to 25 percent, 20 percent, and 10 percent respectively. The 5 percent additional tariffs applied to some products remained unchanged.

The decision came after the US move to increase tariffs on $200 billion worth of Chinese goods from 10 percent to 25 percent as of May 10.