Reuters: China to impose 25 pct tariff on 659 U.S. goods worth $50 bln

By REUTERS
June 15, 2018 21:28
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Breaking news. (photo credit: JPOST STAFF)

BEIJING - China will impose an additional 25 percent tariff on 659 US goods worth $50 billion, the official Xinhua news agency reported on Friday, citing the Tariff Commission of the State Council.

Tariffs on $34 billion of US goods including agricultural products, autos and aquatic goods will take effect from July 6, Xinhua reported, citing the commission.Tariffs on other US goods will be announced at a later date, according to Xinhua.

The State Council is China's cabinet, or government.


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