China Proposes Increase in Tariffs on US Products

On Mar. 23, 2018, China Ministry of Commerce announced a proposed tariff increase on American products in response to a recent increase in tariffs made by the US on Chinese steel and aluminum products. Concessions Suspension list is opened for public feedback, including 7 product categories (amounting to 128 tax items) targeting 3 billion dollars' worth of US exports to China. Food accounts for the majority of proposed tariff increases.