As US-China trade war tariffs strike, ships at sea are safe but ‘blackmail’ mood sours at Chinese docks

//As US-China trade war tariffs strike, ships at sea are safe but ‘blackmail’ mood sours at Chinese docks

As US-China trade war tariffs strike, ships at sea are safe but ‘blackmail’ mood sours at Chinese docks

Cargo bound for the United States from China will not attract the higher 25 per cent tariff imposed on Friday by the United States government, provided the importer can prove the goods were purchased before May 10.A directive from US Customs and Border Protection carved out an exclusion to the tariff increase for firms that bought goods before Friday, even if they arrive at American docks or airports after the tariff rise is triggered.“For subject goods entered for consumption or withdrawn from…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-05-10T11:14:38+00:00 May 10th, 2019|World|Comments Off on As US-China trade war tariffs strike, ships at sea are safe but ‘blackmail’ mood sours at Chinese docks