On August 23, 2019, the People’s Republic of China’s Ministry of Finance (MOF), State Council Tariff Commission (SCTC) announced new tariffs on certain U.S. products, valued at $75 billion USD.
On August 28, China’s State Council Customs Tariff Commission (SCCTC) announced that China will administer a second round of tariff exclusions for certain imports originating from the United States...