Explainer |

China tariffs: what are they and how are they used?

• Tariffs, along with anti-dumping and countervailing duties, are tools in the protectionist trade policy armoury, but their functions and applications differ
• In recent years, China has seen a spike in bilateral tariffs with the United States, due to the tit-for-tat tariffs levied on each other’s exports during the ongoing trade war