China Imposes A 25% Tariff On Imported Medical Equipment From The United States

- May 18, 2019-

Announcement of the Customs Tariff Commission of the State Council on Increasing Tariff Rates for Certain Imported Goods Originating in the United States

According to the "People's Republic of China Foreign Trade Law", "People's Republic of China Import and Export Tariff Regulations" laws and regulations and basic principles of international law, with the approval of the Party Central Committee and the State Council, the State Council Tariff Commission decided:

From 0:00 on June 1, 2019, the part of the $60 billion list of US goods that have been subject to tariff increases will be subject to a tariff increase rate of 25%, 20% or 10%. For tariff items that have previously been subject to a 5% tariff, 5% tariffs will continue to be imposed.

Reprint: Medworld Device World