On April 4, 2018, the U.S. government released a list of goods with tariff increases, which will impose 25% tariffs on 1333 US $50 billion worth of goods imported from China to the United States. At the same time, in accordance with the relevant provisions of the Foreign Trade Law of the People's Republic of China and the Regulations of the People's Republic of China on Import and Export Tariffs, and with the approval of the State Council, the Tariff Commission of the State Council has decided to impose 25% tariffs on 106 commodities of 14 categories, such as soybeans, automobiles, and chemicals, originating in the United States. The implementation date will be separately announced by the Tariff Commission of the State Council depending on the implementation of the additional tariffs imposed by the U.S. government on Chinese goods.
According to the list proposed by the Office of the United States Trade Representative, the auto products and parts involved in China's export to the United States will be subject to an additional 25% tariff. According to media analysis, this means that 'China's auto exports to the United States, which are still in the initial stage, will be stifled in the bud.'
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