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China hikes US import tariffs to 84pc

  • : Crude oil
  • 25/04/09

China will raise import tariffs on US goods by 50 percentage points to 84pc, effective 10 April, the country's State Council said today.

The increase matches the hike in US tariffs on Chinese imports imposed by US president Donald Trump earlier today.

China does not appear to have exempted any products from its higher tariffs, which will take effect at 12:01am local time on 10 April (4:01pm GMT on 9 April).

"The US escalation of tariffs on China is a mistake on top of a mistake, which seriously infringes on China's legitimate rights and interests and seriously undermines the rules-based multilateral trading system," the State Council said.

Trump's targeted import tariffs on the US' main trading partners, including a cumulative 104pc tariff on China, took effect earlier today.

China's 84pc tariff increases to around 100pc for some commodities that were caught up in earlier rounds of tariffs announced in February and March, including crude, coal, LNG and some agricultural products.


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