The US Customs and Border Administration (CBP) officially announced that it will raise tariffs from 10% to 25% for the third batch of more than $200 billion in Chinese goods at 0:00 on May 10.
Subsequently, at 12 noon on May 10, a spokesperson of the Ministry of Commerce made a statement on the official implementation of the tariff increase by the US:
The US has raised the tariff on the US$200 billion to China’s exports to the United States from 10% to 25%. China deeply regrets that it will have to take necessary countermeasures. The eleventh round of China-US high-level economic and trade consultations is underway. It is hoped that the US and the Chinese side will work together and work together to resolve existing problems through cooperation and consultation.
A new round of war has started!
However, according to CBP, as long as it is exported from China before May 10, even if the goods have not arrived in Hong Kong, they can still be levied at a rate of 10%! For this, I suggest you check the operation details with the US consignee as soon as possible!
