Li’s 3,732 Ways To Boost The Chinese Economy Via Tariff Cuts — Panjiva
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Li’s 3,732 Ways To Boost The Chinese Economy Via Tariff Cuts

China 1758 Cons. Discr. - Autos 661 Info Tech - Tech Hardware 378 Tariffs 1169

China’s Premier, Li Keqiang, has indicated a further round of import duty reductions is possible as soon as October. That would represent a fiscal stimulus – tariffs are a tax on consumption – as well as burnishing China’s free trade credentials. Such a move would follow an initial round of tariff reductions covering $64 billion of basic consumer products in June. There’s a further 3,732 product lines that could benefit from lowered MFN duties. The largest in terms of potential tariff reductions include passenger cars ($11 billion of duties paid at a 25% rate), processor semiconductors (...

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