SHARP US tariff increases on US$18 billion worth of Chinese imports, including electric vehicles and their batteries, computer chips and medical products will be imposed from August 1, reports Caixin.
Draft details on tariffs, announced last week, were disclosed by the office of Katherine Tai, the US Trade Representative (USTR).
The USTR is also proposing to grant 19 temporary exclusions for certain solar manufacturing equipment, which would come into effect on May 31, 2025.
The USTR is seeking feedback from the public before June 28 on the exclusions, the scope of the product description to cover ship-to-shore cranes and whether a proposed 25 per cent duty on facemasks, medical gloves, syringes and needles should be higher.
SeaNews Turkey
Draft details on tariffs, announced last week, were disclosed by the office of Katherine Tai, the US Trade Representative (USTR).
The USTR is also proposing to grant 19 temporary exclusions for certain solar manufacturing equipment, which would come into effect on May 31, 2025.
The USTR is seeking feedback from the public before June 28 on the exclusions, the scope of the product description to cover ship-to-shore cranes and whether a proposed 25 per cent duty on facemasks, medical gloves, syringes and needles should be higher.
SeaNews Turkey