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Home / Business / China will raise import tariffs for copper scrap and aluminum in the US from 15 December

China will raise import tariffs for copper scrap and aluminum in the US from 15 December



FILE PHOTO: A worker drives a forklift truck past aluminum rollers at a factory in Huaibei, Anhui Province, China According to a list of retaliatory tariffs released by the Treasury Department late Friday, an additional 5-inch duty will be imposed on 1

5 December % for imports of copper scrap and aluminum scrap from the United States.

Beijing had already levied a 25% duty on copper scrap from the United States, one of its largest suppliers, in a previous round of customs clearance and twice struck US aluminum scrap at a duty of 25% in 2018.

The tariffs The Chinese copper scrap imports from the USA decreased in the first half of 2019 compared to the same period of the previous year by 80% to about 52,022 tons, while the scrap aluminum imports decreased by 16% to 229,837 tons.

China, the world's largest metal consumer, is tightening import restrictions on scrap metal, regardless of its source, as part of an environmental campaign against foreign solid waste.

Reporting by Tom Daly; additional coverage by Winni Zhou in SHANGHAI; Editing by Paul Tait

Our Standards: The Thomson Reuters Trust Principles.

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