China to impose tariffs on US rubber materials and products

Beijing / London – China is to impose tariffs at either 10% or 5% on US imports including about 200 categories of natural and synthetic rubber material, tires, rubber products and additives starting on 24 September.

The broader tariff list, covering over 5,200 categories with a total worth of $60 billion, was first released in August. The proposed rates at the time were 5% to 25%.

Such tariff is a retaliation to “wrongful conduct against WTO rules” to levy a 10% tariff on $200 billion worth…

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