On 13 May China's State Council announced increased tariffs on US$60 billion of US imports (some 5,140 products) which are already attracting retaliatory tariffs. The new tariffs will come into effect 1 June. This follows the decision by the US to raise tariffs on US$200bn of Chinese products. In setting a 1 June deadline for the introduction of the higher tariffs both sides have created a window for negotiations as there are nearly three weeks until the tariffs would apply to shipments leaving each country. Analysts in the ...
Register for unlimited accessWe work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!