USA / China: resumption of commercial hostilities...
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Theme: |
International trade |
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Country: |
USA / CHINA / WORLD |
On September 17, 2018, the White House released a new list of6000 products originating in China overtaxed by 10% as from 24 September.
Almost all customs chapters are concerned: from cosmetics, to electronic components, to articlestextile and vacuum cleaners…
After some discussion, 300 products were finally spared such as smart watches, Bluetooth equipment, bike helmets, high chairs and car seats.
As usual, President Trumpthis declarationd « Made in China ».
The Chinese reply arrived the next day: a 5-10% surcharge on products « made in USA » from 24 September.
After an inconclusive first Chinese-American meeting at the end of August, negotiations between the two Powers were scheduled for next week, but Beijing threatens not to send its delegation.
The U.S. and China go for a hit, nothing seems to stop them even if none seems to come out victorious...
International trade operators can only see day after day new barriers to trade.
To go further...
- Contact our experts in global supply chain management to design and manage your import/export and cross-trade scenarios!
- Check out our service offer dedicated to triangular trade operations.
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