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Home International

China Announces Retaliatory Tariffs on U.S. Autos, Auto Parts

Liana Shaw by Liana Shaw
Aug 27, 2019
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China announced Aug. 23 that it would be imposing retaliatory tariffs on $75 billion of U.S. goods, including American autos and auto parts.

The announcement came in response to the Trump Administration’s decision to impose tariffs on USTR’s Section 301 List 4 products, the Auto Care Association says.

China’s proposed tariffs, ranging from 5-25%, would go into effect in two phases on Sept. 1 and Dec. 15, 2019. The dates mirror the timeline of when the Section 301 List 4 tariffs would go into effect.

A 25% tariff on autos and 5% tariff on auto parts will go into effect in the second phase on Dec. 15, 2019. Other products impacted by the retaliatory tariffs include agricultural goods and crude-oil.

www.tirereview.com

Tags: Chinatariffs
Liana Shaw

Liana Shaw

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