The Facts and China’s Position on China-US Trade Friction

China has reduced import tariffs for 1,449 daily necessities, with the MFN rate down by an average of 55.9%from 15.7% to 6.9%. Currently, China’s overall tariff rate has been reduced to 8%. Table 3: Trade Weighted Average Tariff Rates of China and Other Countries (%) All Agro Products Non-agro Products Japan 2.1 11.1 1.2 The United States ................
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