GOVERNMENTS/ASSOCIATIONS/FASTENER GROUPS 

The Tax Regulations Committee of The State Council of People’s Republic of China has announced the continuation to postpone imposing additional tariffs against cars and components originating in the U.S. effective April 1st 2019.

The original 5%-25% additional tariffs against U.S. cars and components announced in 2018 by the Tariff Bureau of PRC’s Ministry of Finance have been postponed after the 8th round China-USA senior economic and trade representatives negotiation in Beijing on March 29th. The 9th round China-USA senior economic and trade representatives negotiation will also take place on April 3rd in Washington D.C.