It is our hope that both sides will work together toward ultimately removing all additional tariffs."
Close this message if youre happy with this, or find out how to manage okies. "Further adjustment will mainly depend on future development in the economic and trade relations between the two countries. We use cookies to provide you with a better service. BTEC in a humanities-related subject plus A level English at grade A required Access to HE Diploma - D: 30 credits M: 15 credits 45 Level 3 credits in graded units in a relevant Diploma, including 30 at Distinction (including all English credits) and a further 15 with at least Merit. "To ease economic and trade tensions and expand cooperation, the Chinese side decided to adjust related measures accordingly," the official said.
China suspended planned additional tariffs on products in the second list on Dec 15, 2019.Ĭhina has decided to halve the tariff rates after the US side announced on Jan 16 to halve its 15-percent additional tariffs on Chinese products worth some $120 billion on Feb 14, according to an unnamed official with the commission quoted in a statement on the Ministry of Finance website. The list is part of a two-step tariff countermeasure targeting US products worth about $75 billion. Set to come into effect from 1:01 pm on Feb 14, the move will halve the 10-percent and 5-percent rates on a list of US products subject to additional tariffs from Sept 1, 2019. BEIJING - China will halve rates of additional tariffs on some US products starting Feb 14 in a bid to promote the healthy and stable development of Sino-US economic and trade relations, the Customs Tariff Commission of the State Council said Feb 6.