August 25, 2019 — China moved on Friday, 23 August to raise tariffs on USD 75 billion (EUR 67.3 billion) in American goods, in response to a move made at the beginning of the month by U.S. President Donald Trump to raise tariffs on Chinese goods.
China’s new tariffs – ranging between 5 and 10 percent – will affect goods ranging from soybeans to crude oil to automobiles, and also include additional tariffs for seafood. They will go into effect between September and December, mirroring the dates set by Trump in his revised timeline for implementing the latest round of U.S. tariffs on Chinese goods. Most U.S. seafood exported to China will will be subject to an additional 10 percent tariff on 1 September, raising Chinese tariffs on U.S. seafood as high as 35 percent.