On August 3, 2018, China’s State Council Tariff Committee (STCT) announced proposed supplemental tariffs on U.S. imports, covering $60 billion worth of products. In the announcement, China stated that these tariffs were in retaliation for the August 2 announcement by the United States which considers imposing a 25 percent tariff on an additional $200 billion worth of Chinese imports.
According to a GAIN Report issued by the USDA Foreign Agricultural Service at the U.S. Embassy in Beijing, most U.S. hardwood lumber falls within the 25 percent category with a few exceptions. View a copy of the report here.
China has stated that the proposed supplemental tariffs will be implemented immediately if the United States implements the additional 25 percent tariffs.