China to adjust import tariff rates, items on certain goods for 2025
China to adjust import tariff rates, items on certain goods for 2025
Dec 28, 2024
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China to lower import tariffs on some products beginning 2026
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China to adjust tariffs to support key industries China has announced tariff adjustments on selected products, set to take effect in 2026. The changes include lower import duties on resource-based goods such as recycled black powder used in lithium-ion batteries, in a move aimed at supporting key industries and stabilizing global trade. | CGTN Africa
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China will lift the additional tariffs on products imported from the US to 125%, the Customs Tariff Commission of the State Council announced on Friday. A spokesperson for China’s Ministry of Commerce stated that the US' repeated imposition of excessively high tariffs on China has degenerated into a “numbers game,” which no longer has any practical economic significance. If the US continues its tariff “numbers game”, China will ignore it. However, if the US insists on continuing to substantially
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