U.S. Taxation on 550 billion US Dollars of Chinas Commodities Ministry of Commerce: Strongly Against

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 U.S. Taxation on 550 billion US Dollars of Chinas Commodities Ministry of Commerce: Strongly Against


China imposes tariffs on the recovery of automobiles and parts originating in the United States

In order to safeguard the multilateral trading system and safeguard their legitimate rights and interests, in accordance with the Customs Law of the Peoples Republic of China, the Foreign Trade Law of the Peoples Republic of China, the Import and Export Tariff Regulations of the Peoples Republic of China and other basic principles of international law, and with the approval of the State Council, the Customs and Tax Principles Committee of the State Council has decided From 12:01 on December 15, a 25% and 5% tariff was imposed on the recovery of automobiles and parts originating in the United States.