Husch Blackwell LLP (JD Supra China)
6 results for Husch Blackwell LLP (JD Supra China)
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China To Reduce Tariffs On $75 Billion Of U.S. Goods
China’s Ministry of Finance announced today that China will reduce tariffs by up to fifty percent on certain U.S. imports as the two countries move forward to implement “Phase One” of the trade deal signed on January 15, 2020. China’s tariff cuts will affect U.S. goods worth approximately $75 billion and will reduce duty rates from 10% to 5% and from 5% to 2.5% depending on the product. More...
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World Trade Organization Authorizes China To Impose Punitive Tariffs Against United States
For the first time since China gained membership in 2001, the World Trade Organization (WTO) on November 1, 2019 authorized China to impose $3.6 billion worth of punitive and retaliatory tariffs on American imports. The WTO ruled that U.S. antidumping duties on imports of Chinese steel were overinflated because the methodologies used by the U.S. in antidumping proceedings were inconsistent with...
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China Offers Tariff Exclusion Process On U.S. Goods
On May 13, 2019, the Ministry of Commerce of the People’s Republic of China (“MOFCOM”) announced that it will offer a tariff exclusion process for importers in China that face serious economic or social consequences due to higher tariffs on U.S. goods.
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China Hits Back With Higher Tariffs On $60B In U.S. Goods
On May 13, 2019, China’s Ministry of Finance announced that it will raise tariffs on $60 billion in U.S. goods, starting on June 1, 2019. This action was taken in retaliation for President Trump’s latest decision to raise tariffs on $200 billion worth of Chinese products from 10% to 25%.
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China Announces New Retaliatory Tariffs On U.S. Goods
The Chinese Ministry of Commerce announced on Sunday that it would be imposing duties on 128 different U.S. products beginning today, April 2. They provided the list of products last week, particularly targeting U.S. agriculture. The tariffs are on an estimated $3 billion worth of goods.
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China Launches AD/CVD Investigations Of U.S. Sorghum Imports
The Ministry of Commerce of China has opened antidumping and countervailing duty (AD/CVD) investigations against imports of sorghum from the United States. The action comes in response to the U.S. Department of Commerce’s self-initiated AD/CVD investigations of aluminum sheet from China, as well as global safeguards on washing machines and solar panels.