In 2018 imports of the listed items totaled some US$389 billion ($527.6 billion), according to Bloomberg calculations. The provisional levies on the items will take effect from Jan 1.
(Dec 23): China cut import tariffs on a wide range of goods including food, consumer items and parts for manufacturing smart-phones, continuing Beijing’s drive to lower trade barriers and spur domestic demand.
The Ministry of Finance on Monday published a list of 859 types of products that will enjoy tariffs lower than the standard rates for this year. It included frozen pork as a key item aimed at alleviating shortages of the meat due to the outbreak of African swine fever.
