A 15% tax threatens fresh American fruit
China
Friday 23 March 2018
FJ
In response to the US government's steel and aluminum taxes, China is also planning to apply taxes on about 100 US product categories, including fresh fruit.
This hundred categories of products are divided into groups: in the first group where fresh fruits and wine appear, products will be taxed at 15%. In the 2nd group, which includes pork and recycled aluminum, taxes can be as high as 25%.
The 1st group of products represents an import volume of nearly 1 billion USD the 2nd group of nearly 2 billion USD.