On the evening of the 13th, Mainland China finally announced a list of tariff revenge on the United States.However, if the countermeasures of the mainland are actually quite restrained, not only the time point for improving tariffs is June 1, but the tax rate is divided into four levels of 25%, 20%, 10%, and 5%.The enterprise and industry associations can apply to eliminate the scope of application of tariffs on the United States, showing that Beijing is still unwilling to launch a trade war with the United States at this stage.
From May 10th, the tariff rate imposed on the US $ 2000 billion list of goods imported from China has increased from 10%to 25%.It mainly includes: electronic communication equipment, computer circuit board, processing element, except metal furniture, computer parts, wooden furniture, static inverter, car parts, etc.Together with previous measures, the United States has imposed 25%tariffs on US $ 20 billion in Chinese imports.
The Customs and Tariff Committee of the State Council of Mainland China stated on Monday evening that the above measures of the United States have led to the upgrading of Sino -US economic and trade frictions and violated the consensus between China and the United States to resolve trade differences by consultation.In order to defend the multilateral trading system and defend its legitimate rights and interests, China has to adjust tariffs on some imported products native to the United States.
CCTV issued a comment that China had prepared for comprehensive response that night, saying that China has long expressed its attitude to the trade war initiated by the United States: unwilling to fight, but not afraid of fighting.In the face of the hard and hard hands of the United States, China has already given the answer: talk, open the door; fight, to accompany to the end.
The comments also stated that the next step in the United States is to talk, or to play, or take other actions, China has prepared a policy toolbox and prepared for comprehensive response.
However, three days after the US announced the increase in tariffs, the so -called necessary countermeasures proposed by the mainland seemed to be relatively restrained.
The Customs Tariff Committee of the State Council of Mainland China stated that since June 1, 2019, the $ 60 billion list of US $ 60 billion in U.S. goods has been increased, and the tariff rate is increased.10%of the tariffs.For taxes that previously increased 5%tariffs, 5%tariffs continued.
In addition, the mainland also allows the import, production or use of related products in China or its industry association (business) meeting in China or its industry, and can apply for the scope of the product, but it must meet the three elements: 1. Facing the sources of product replacement facing difficulties; second, plus plusTariffs cause serious economic damage to the application subject; 3. In addition, the addition of tariffs on the related industries will have a significant negative structural impact (including the impact on industry development, technological progress, employment, environmental protection) or bring serious social consequences.
If you look closely at the details of the list of tariffs on the mainland, the products with 25%of tariffs are mainly included; cotton lamb, horse meat, honey, starch, sugar, mango juice, lime, liquefied natural gas, calcium, sodium sulfate, methanol, urea, urea, urea, urea, urea, Cosmetics, Cosmetics, Cosmetics, Cotton Knit or Hooks Men's top, bone porcelain tableware, laser printer, tablet, etc.;
The products with 20%tariffs include: flax, vodka wine, mineral water, toothpaste, plastic toilet sites and lids, toilet paper, spring, ship pressure -burning internal combustion engine, thermal printer, shredded paper, bearing, bearing, bearing, bearing, bearing, bearingsWait;
The products with 10%tariffs include; frozen sweet corn, baking peanuts, sodium acetate, first aid drugs, pills, gel products dedicated to humans or veterinary medicine, electric heating blankets, vehicle rearview mirrors, safe razorsFilm and ships out of the outreach -ignition engine, fire extinguisher, copper tube musical instrument, bowling ball, baby diaper and diapers;
Products with 5%tariffs include: magnesium chloride, xylitol, ether, lemon oil, fireworks, firecrackers, cotton short velvet pulp, solar water heaters, petroleum or natural gas drilling machines, 3D printers, aspirations, dentures, etc.Essence
A securities company analyst in the mainland said privately that after watching the tariff list of the two countries, he thought that the United States was an agricultural country and China was an industrial country.However, it can be seen from it that the Beijing authorities still look forward to the agreement with both parties to be accepted by negotiations.
After the 11th round of Sino -US economic and trade high -level negotiations on the 10th, after the end of Washington, Liu He, Vice Premier of the State Council of Mainland China, said that cooperation is the only correct choice. In the future, the two countries will inevitably cooperate.Solve the problem.
The Customs and Tariff Committee of the State Council of Mainland China does not forget to emphasize when announcing the increase in tariffs on US goods to increase the tariff rate. China hopes that the United States will return to the correct track of bilateral economic and trade consultations, work together with China, and strive for the foundation of mutual respect for mutual respect for each other.A mutually beneficial and win -win agreement was reached.
