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Extra tariffs on sugar from August

Increase font size  Decrease font size Date:2018-07-20   Views:496
China will levy extra tariffs on out-of-quota sugar imports from all origins starting from August 1, the Ministry of Commerce (MOFCOM) said on Monday, just over a year after introducing hefty penalties on top growers including Brazil and Thailand.

That list of exempt countries has now been canceled, MOFCOM said. "Protective measures will be uniformly applied to all out-of-quota sugar imports."

China allows 1.94 million tons of sugar imports a year at a tariff of 15 percent as part of its commitments to the WTO. Shipments outside of that allowance - out-of-quota imports - are charged a higher tariff and need special permits.
 
 
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