US tariff increase on Chinese imports comes into force

Friday, 10 May 2019 10:47:16 (GMT+3)   |   Istanbul
       

US Customs and Border Protection (CBP) announced on May 9 that it will begin collecting a 25 percent tariff on $200 billion worth of Chinese imports at 12:01 am on Friday, May 10. There is a grace period for US-bound shipments already in transit or departing in the next few hours.

The increase to 25 percent from 10 percent affects over 5,700 product categories.

 


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