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Theme: |
International trade |
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Country: |
United States / China |
Donald Trump indicated that the additional customs duties of 25%, currently in effect on 250Mds$ imports will remain applicable.
Those of 15% set up since 1 September will be reduced to 7.5%.
The agreement reached between Beijing and Washington Friday 13 December 2019, is only the first phase of negotiations.
It resolves the most urgent disputes between the two countries:
- The United States will not apply the additional duties that were to come into force on December 15th on 160 Mds$ products of Chinese origin (telephones, computers, toys and sports clothes).
- In return, China will have to increase its imports of agricultural and energy products, financial services and energy.United States manufactured goods. Purchases will have to increase from 40 to 50 Mds$in each of these categories over the next two years.
To go further...
- Contact our experts global supply chain management to design and manage your import/export and cross-trade scenarios at the start, via or to the United States!
- Check out our service offer dedicated to triangular trade operations.
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