China plans additional tariffs on 50-bln-dollar U.S. products

          Source: Xinhua| 2018-04-04 17:51:37|Editor: Zhou Xin
          Video PlayerClose

          BEIJING, April 4 (Xinhua) -- China on Wednesday unveiled a list of products worth 50 billion U.S. dollars imported from the United States that will be subject to higher tariffs, including soybeans, automobiles, and chemical products.

          The Customs Tariff Commission of the State Council has decided to impose additional tariffs of 25 percent on 106 items of products under 14 categories, the Ministry of Finance (MOF) said in a statement on its website.

          The move was taken after the U.S. administration announced a proposed list of products subject to additional tariffs, which covers Chinese exports worth 50 billion dollars with a suggested tariff rate of 25 percent.

          The date of implementation will depend on when the U.S. government imposes the tariffs on Chinese products, the MOF said.

          The Ministry of Commerce (MOC) said in a statement that the U.S. move was "an evident violation of rules of the World Trade Organization (WTO)."

          The U.S. move "severely infringed on the legitimate rights and interests that China enjoys in accordance with the WTO rules, and threatened China's economic interests and security," the MOC said.

          New tariffs China decided to impose on U.S. products were a reaction to "the emergency caused by the U.S. violation of international obligations," it added.

          Affected products will include a wide variety of agricultural products such as soybeans, corn, beef, orange juice and tobacco. A range of chemicals and automobiles, as well as aircraft with unladen weight between 15 tonnes and 45 tonnes, will also be subject to the tariffs.

          The economies of China and the United States are highly complementary, and "cooperation is the only right choice for the two countries," the MOF said.

          Both countries should stay rational, enhance communication and manage differences in a constructive manner, the MOF added.

          Related:

          China firmly opposes U.S. tariff proposals, countermeasures underway

          Xinhua Headlines: U.S. tariffs slapping game threatens global trading system

          China strongly condemns, firmly opposes new U.S. tariffs to be imposed on Chinese goods: embassy

          U.S. releases proposed China tariff list amid strong opposition

          KEY WORDS: China
          EXPLORE XINHUANET
          010020070750000000000000011100001370882761
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  天天高清在线看片 | 亚洲国产欧美一区二区三区深喉 | 久久精品—区二区三区美女 | 最新国产在线精品观看 | 伊人久久五月丁香综合中文亚洲 | 亚洲中文字幕夜夜精品 |