Trade war: the United States raised import duties for China

Торговая война: США повысили ввозные пошлины для Китая

In the United States, entered into force announced by Donald trump 5 may increase import duty rates for some groups of Chinese goods.

New customs tariffs take effect from 0:00 (7:00 Kyiv time. – ed.) Friday, may 10.

The rates of import duties increased from 10 to 25 per cent and will touch 5700 items from China yearly imports $ 200 billion.

On the eve of the U.S. customs confirmed the completion of all preparatory activities for the introduction of new rates of duties for goods from China.

Also it became known yesterday that the new rates of import duty must not touch the supplies, which at the moment was on the way to the USA.

New customs tariffs came into force at a time when Washington is a delegation from Beijing led by Vice-Premier of the state Council of China Liu he, who leads the negotiations on a new trade agreement between the countries and resolution of the conflict. On 10 may, the negotiations should be continued.

Meanwhile, the Ministry of Commerce of China has already threatened to take “necessary measures in response” to the actions of the White house. However, the Agency has not yet noted the details of what steps will be taken in Beijing.

The representative of the Ministry referred to the negotiations in Washington and expressed hope for their successful conclusion, said the news Agency dpa.

According to a White house statement, the reason for increasing the import duty rates for China was the opposition of the Chinese side with the key American demands, and retreat from the progress made in the negotiations of the agreements.

Among other things, a prerequisite for the resolution of the current trade war between the two biggest economies in the world, the United States called the full opening of the Chinese market for foreign companies, ending the practice of forced technology transfer and intellectual property protection.

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