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WASHINGTON (Reuters) – The United States has begun charging a higher tariff of 25 percent on many Chinese goods arriving in US ports on Saturday morning amid escalating trade war between the two largest economies. of the world and provoking retaliation from Beijing.
Containers are seen in a port of Huaian, Jiangsu Province, China on May 5, 2019. Photo taken on May 5, 2019. REUTERS / Stringer
On May 10, US President Donald Trump imposed a tariff increase on a $ 200 billion Chinese goods list, while providing for a grace period for marine cargoes. having left China before that date, keeping them at the previous rate of 10%.
In a May 15 Federal Register notice, the US Trade Representative's office set June 1 as the deadline for the arrival of these goods in the United States, after which US customs and border protection services would begin. to collect the duty rate of 25% in US ports. The deadline has expired at 12:01 am EDT on Saturday
The tariff increase concerns a wide range of consumer goods and intermediate components from China, including Internet modems and routers, circuit boards, furniture, vacuum cleaners and lighting products. .
Earlier Saturday, China began to charge higher retaliation fees on a $ 60 billion target list. The tariffs, announced on May 13 and effective midnight in Beijing (16:00 GMT), apply additional tariffs of 20% or 25% on more than half of the 5,140 US products covered. Beijing had previously imposed additional rates of 5% or 10% on targeted products.
No other trade negotiations between major Chinese and US negotiators have been scheduled since the last round ended in stalemate on May 10, the same day Trump announced a rights increase. customs on 200 billion dollars of Chinese products, then took steps to collect taxes on all remaining Chinese. imports.
China has ordered the latest tariff increases in response to Trump's decision.
Trump accused China of breaking an agreement to settle its trade dispute by repudiating commitments made earlier in months of negotiations. China has denied the allegations.
Beijing has become more strident in recent weeks, accusing Washington of lacking sincerity and promising not to yield to the Trump government's demands.
His rhetoric has hardened especially since Washington has placed the Chinese company Huawei Technologies Co Ltd on a blacklist prohibiting the company from dealing with US companies.
Report by David Lawder in Washington and Stella Qiu and Se Young Lee in Beijing; edited by Grant McCool
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