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First Set of U.S. Section 301 Tariffs Goes into Effect; China Retaliates in Kind

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  • First Set of US Section 301 Tariffs Goes into Effect China Retaliates in Kind

As anticipated, an additional 25 percentage point ad valorem tariff on $34 billion worth of Chinese imports into the United States (covering 818 product categories in sectors including aerospace, information communication technology, machinery, and medical instruments) went into effect on July 6, 2018.

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