China will impose additional tariffs on certain U.S. products starting from Feb. 10, said the Customs Tariff Commission of the State Council on Tuesday (Feb. 4).
An additional 15-percent tariff will be imposed on imported coal and liquefied natural gas originating from the United States, according to a statement from the commission.
Crude oil, agricultural machinery, automobiles with large displacement, and pickup trucks will be subject to an additional tariff of 10 percent, said the statement.
In addition, China announced export controls on items related to tungsten, tellurium, bismuth, molybdenum, and indium, and has decided to add two U.S. firms, namely PVH Corp. and Illumina, Inc., to the country's unreliable entity list.
The two entities have violated normal market trading principles, terminated regular trade with Chinese companies, and adopted discriminatory measures against Chinese companies, thus severely harming their legitimate rights and interests, according to a statement released Tuesday by the Ministry of Commerce.
The decision was made to maintain national sovereignty, security, and development interests, and in accordance with relevant laws and regulations, the statement noted.
The unreliable entity list mechanism will take corresponding measures against the aforementioned entities based on relevant laws and regulations, according to the statement.
(Source: Xinhua)
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