On September 17, 2018, the Office of the United States Trade Representative (USTR) released a list of approximately $200 billion worth of Chinese imports that will be subject to additional tariffs.  In accordance with the direction of US President Trump, the additional tariffs will be effective starting September 24, 2018, and initially will be in the amount of 10 percent.  Starting January 1, 2019, the level of the additional tariffs will increase to 25 percent. A formal notice of the $200 billion tariff action will be published shortly in the US Federal Register

 

In fact, the USTR has already released two lists of Chinese imports with a combined annual trade value of approximately $50 billion earlier in June and August. But apparently, it didn’t work so well as they expected. So after that, the US President Trump has directed the USTR to increase the level of trade covered by the additional duties. That’s why this new tariff list was released in September.

 

The list contains 5,745 full or partial lines of the original 6,031 tariff lines that were on a proposed list of Chinese imports announced on July 10, 2018.

 

It's unfortunately that the tariff number of our plant protein (including rice protein, pea protein and soya protein) was seen on the list this time. Due to this unpredictable effect, we probably have to adjust our prices of these mentioned products in our American markets accordingly in October.

 

For more exact details, please contact with our sales representatives.

 

Click here to view the final tariff list.



2018-09-19

Roquette to open world’s biggest pea protein plant in Manitoba in 2019, says CEO: 'Demand absolutely outstrips supply’
VISIT US AT Supplyside West 2018!

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The U.S. released tariff list on $200 Billion of Chinese Imports

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