The Tariff Commission of State Council issued Circular 7 (8 August 2018) to announce the imposition of new customs tariffs on certain U.S. products that are imported into China.
Circular 7 was issued in reaction to the U.S. announcement on 7 August 2018 of the second round of the 25% additional customs tariff on certain imports of Chinese products into the United States. China had previously announced that additional customs duty tariffs (at rates ranging from 5% up to 25%) would be imposed on numerous products imported into China from the United States. Read TradeNewsFlash
Circular 7 was published to announce the implementation of China’s additional customs tariffs on the list of U.S. imports (with certain adjustments), effective 23 August 2018.
Read the Circular 7 release (Chinese/Mandarin) from the Chinese government
For more information, contact a KPMG trade and customs professional in China:
Rachel Tao | +86 21 2212 3473 | email@example.com
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
John L. McLoughlin
Luis (Lou) Abad
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