China confirms increase on tariffs on US cotton imports
09/09/2019
Following the imposition of tariffs on a new list of Chinese exports to the US on September 1, China’s Ministry of Commerce announced retaliatory tariff increases on two tranches of imports from the US, the first with effect from the start of September and the second from December 15.
As part of that second tranche, there will be additional tariffs on raw cotton. From December 15, tariffs on imports into China of US raw cotton will go up from 25% to 30%.
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