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Sino-U.S. Trade War Burns into the Plastics Industry

Sino-U.S. Trade War Burns into the Plastics Industry

Classification:
Corporate News
Release time:
2018-04-09
[Abstract]:
On April 4, 2018, the Ministry of Finance announced that according to the relevant provisions of the Foreign Trade Law of the People's Republic of China and the Import and Export Tariff Regulations of

On April 4, 2018, the Ministry of Finance announced that according to the relevant provisions of the Foreign Trade Law of the People's Republic of China and the Import and Export Tariff Regulations of the People's Republic of China, with the approval of the State Council, the Customs Tariff Commission of the State Council decided to treat soybeans native to the United States. , 14 items of goods such as automobiles, chemicals, etc. will be subject to a 25% tariff, involving about US$50 billion of Chinese imports from the United States in 2017.

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