On May 13, China began to fight back. The State Council Customs Tariff Commission issued a notice saying that from 0:00 on June 1, 2019, the tariff rate of the US $ 60 billion list of US goods that have imposed additional tariffs will be increased by 25%, 20% or 10% additional tariffs.

The Customs Tariff Commission of the State Council: 25% tariffs are imposed on the 2493 tax items listed in category 1; 20% tariffs are imposed on the 1078 tax items listed in category 2; 974 tax items are listed in category 3 , Implement an additional 10% tariff. For 595 tax items listed in 4 categories, a 5% tariff will still be imposed.

◎ Content source: Internet  

The list of goods subject to tariffs also involves some coal and coal machine equipment. Among them, there are two main items related to coal machinery: coal mining (cutting) machines and non-self-propelled tunneling machinery.

These two types of coal machine equipment are subject to a 20% tariff increase, which has also become the two equipments affected by the coal industry.

At the end of 2018, the Ministry of Finance, the Development and Reform Commission and other six departments jointly issued the "Notice on Adjusting the Relevant Catalogue of Import Tax Policies for Major Technical Equipment", which clearly stated that all specifications of coal shearers, scraper conveyors and scraper transfer machines should be eliminated Tax exemption policy.

This shows that the overall domestic demand for large-scale coal equipment and other mining equipment is declining. At the same time, the technical level of domestic coal mining equipment is gradually improving, and it has gradually got rid of its dependence on coal mining machines and other R & D and production technologies. The rising price of imported coal machinery equipment will also increase the competitiveness of domestic coal machinery manufacturers.

◎Content source: Internet  

It is understood that China's main coal source countries are: Australia, Indonesia, Mongolia, Russia, Canada and other countries. Among them, the coal that China imports from the United States is mainly coking coal, and the quantity is not large. US coal accounts for a small proportion of China's total coal imports.

This increase in the tariff rates imposed on some imported products originating in the United States has little impact on the domestic coal market, and has little impact on the coal machine market.

◎Content source: Internet