China To Impose Additional Tariffs On U.S. Goods Worth USD75 Billion

- Aug 30, 2019-

China to impose additional tariffs on U.S. goods worth USD75 billion

Customs Tariff Commission of the State Council announced on 23 Auqust that China will impose additional tariffs on U.S. goods worth about USD75 billionAccording to the announcement. the U.S. decided to impose an additional tariff of 10% on Chinese goods worth about 300 billion from 1 September and 15 December, 2019 respectively, which further escalated the China-U.S. trade friction, greatly damaged interests of China, U.S. and other nations and severely threatened the multilateral trade svstem and free trade principle.In response to the abovementioned U S decision China has to take countermeasures. Based on laws, requlations and basic principles of international laws, Customs Tariff Commission of the State Council got the approval from the State Council and decided to impose additional tariffs of 10% and 5% on U.S. goods of5.078 tax items worth about USD75 billion, starting from 12:01 of 1 September and 12:01 of 15 September. 2019 respectively.

Cangzhou Steel Pipe Group (CSPG)Co.,Ltd.

No.92 JieFang East Road ,Cangzhou City, Hebei,P.R.China.

 has more than eighteen years history company which located in Lecong Iron and Steel World, a well-known steel distribution center in China, with superior geographical position and convenient water and land transportation. 

We are a direct-selling manufacturer specializing in the research and development of spiral steel pipes, steel spiral pipes, anti-corrosion steel pipes inside and outside. Since its inception, the company has been guided by a brand-new thinking of steel pipe product market based on the business philosophy of honesty, pragmatism and knowledge-seeking.