NEWS
The impact of Sino-US trade friction on China's
Time of issue：
2023-07-24 14:11
On May 9, the US government announced that since May 10, 2019, the tariff rate on the 200 billion US dollar listed goods imported from China has been increased from 10% to 25%， resulting in further escalation of Sino-US trade friction. On May 13， China responded by adding 25%, 20%, 10% and 5% tariffs to the US$60 billion of goods originating in the United States, which will be implemented from June 1.
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