On August 23, 2019, the Tariff Commission issued Announcement [2019] No. 4, which announced:
According to the “Customs Law of the People’s Republic of China”, “The Foreign Trade Law of the People’s Republic of China”, “Regulations on Import and Export Tariffs of the People’s Republic of China” and other basic laws and principles of international law, the Customs Tariff Commission of the State Council decides on 5078 tax items originating in the United States. US$75 billion in imported goods is subject to tariffs. The relevant matters are as follows:
1. As of 12:01 on September 1, 2019, 10% tariffs on the 270 items of tax items listed in the first part of Annex 1 are added, and 10% of the items of 646 items listed in the second part of Annex 1 are added. A tariff of 5% is imposed on the 64 items listed in the third part of Annex 1, and 5% on the items of 737 items listed in the fourth part of Annex 1 are imposed. The specific commodity range is shown in Annex 1.
2. As of 12:01 on December 15, 2019, a tariff of 10% is imposed on 749 items listed in the first part of Annex 2, and 10% on 163 items listed in the second part of Annex 2 are added. A tariff of 5% is imposed on the 634 items listed in the third part of Annex 2, and a tariff of 5% is imposed on the 1815 items of goods listed in the fourth part of Annex 2. The scope of specific commodities is shown in Annex 2.
3. For the imported goods listed in the annexes originating in the United States, the corresponding tariffs shall be levied on the basis of the current applicable tariff rate. The current bonded, tax reduction and exemption policies shall remain unchanged, and the tariffs imposed shall not be reduced.
4. The calculation of relevant import taxes:
Additional customs tariff (duty) = customs duty-paid price × increased tariff rate
Total tariff (duty) = the amount of duty payable at the current applicable tax rate + the amount of tariff
The value-added tax and consumption tax on import links are calculated in accordance with relevant laws and regulations.
Annex 1 (in Chinese with tariff subheadings)
Annex 2 (in Chinese with tariff subheadings)
In addition, on August 23, 2019, Tariff Committee Announcement [2019] No. 5 provides that the tariffs of 25% on US automobiles and 10% on auto parts that were suspended earlier will be resumed on December 15, 2019.
