This aerial photo taken on Nov. 24, 2023 shows the automatic container terminal at the Qinzhou Port in Qinzhou, south China's Guangxi Zhuang Autonomous Region.(Xinhua/Zhang Ailin) BEIJING, Dec. 22 (Xinhua) -- China will adjust its tariff rates on imports and exports from Jan. 1, 2024, ...
Under the free trade and preferential trade arrangements with other countries or regions, China will impose conventional tariff rates on some products from 30 countries and regions next year amid efforts to open up at a higher level. China will continue to grant preferential tariff treatments next ...
BEIJING, Feb. 19 (Xinhua) -- China is strongly dissatisfied with the United States' decision to impose an additional 10 percent tariff on Chinese goods on the grounds of fentanyl-related issues, Commerce Minister Wang Wentao said on Wednesday.Wang made the remarks in a letter to Howard Lutnic...
SINGAPORE (ICIS)--China's existing polypropylene (PP) trade flows may be disrupted by Beijing's decisionto suspend tariff reductions on 12 chemical products from Taiwan, starting from 1 January 2024. The 12 chemical products listed include polypropylene (PP) copolymer.Lucy Shuai...
Below we take a closer look at the changes introduced in the 2023 Tariff Adjustment Plan. What are the changes and which items will be affected? China to implement provisional import tariffs on 1,020 commodities Starting from January 1, 2023, China will impose provisional import...
However, the Tariff Law does send a clear signal to trade partners that China will be able and willing to impose counter-tariffs should they implement import duties on Chinese goods and reflects the changing dynamics of global trade amid heightened geopolitical tensions. The new law also comes ...
has already weakened in 2024. After a 57.4% surge in automobile exports in 2023, the growth rate for 2024 has dropped to only 15.5%, with the average unit price falling by 5.9%, compared to a 7.4% increase in 2023. With the Trump administration likely to impose tariffs on Chinese product...
BEIJING, Aug. 8 (Xinhua) -- China has decided to impose additional tariffs on imported products from the United States worth about 16 billion U.S. dollars, according to an official statement released Wednesday. Approved by the State Council, the Customs Tariff Commission of the State Council ...
The EU officially launched an investigation into EVs from China on October 4 2023.The European Commission is set to decide whether to impose tariffs more than the current 10% standard rate for cars within 13 months once the investigation started. The possible tariff will affect not just Chinese...
China has reaffirmed its commitment to resolving mutual concerns through equal dialogue and consultation with the United States, emphasizing that Washington's unilateral tariff hikes are disrupting normal economic and trade cooperation between the two countries, according to China's top commerce official...