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NEWS

08-29

The impact of Sino-US trade friction on China's

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.

The impact of Sino-US trade friction on China's
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