China to raise import tariffs on U.S. scrap copper, aluminium from Dec 15
China will impose an extra 5% tariff on imports of copper scrap and aluminium scrap from the United States from Dec. 15, according to a list of retaliatory tariffs published by the Ministry of Finance late on Friday. * Beijing had already levied a 25% tariff on copper scrap from the United States, one of its biggest suppliers, in a previous round of duties and twice hit U.S. scrap aluminium with a 25% tariff in 2018. * The tariffs saw China's copper scrap imports from the United States fall by 80% year-on-year in the first half of 2019 to ...
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