The Chinese wood products hit by US tariffs

April 30, 2018
Source:
ITTO/Fordaq
Views:
852
  • text size

The US Trade Representative has issued a list of products to which a 25% tariffs will be collected. The list covers some 1300 products imported into the US from China valued at about US$50 billion.

Wood products that now attract tariffs include wood products machinery and furniture parts. Analysts in China say inclusion of HS84193250, 84412000, 84413000, 84414000, 84418000, 84419000, 84209920, 84399910, 84399950 and parts of seats (94019015) and parts of seats of cane, osier, bamboo or similar materials (94019025), as well as kiln dried wood (84193210) is of great concern.

According to ITTO, in retaliation China unveiled a list of products imported from the United States for a possible additional tariff of 25% just hours after the United States released its list of Chinese products subject to an additional 25 percent tariff.