More US products to be exempted from tariffs
US President Donald Trump says things are back on track after his meeting with Chinese President Xi Jinping in Japan. Photo: Reuters. Sketched by the Pan Pacific Agency.
BEIJING, Dec 19, 2019, China Daily. A new list of US products will be exempted from China’s first round of additional tariffs starting Dec 26, the Customs Tariff Commission of the State Council said on Thursday. It is the second set of US goods to be excluded from China’s first round of tariff countermeasures against the US Section 301 measures, the commission said in a statement, China Daily reported.
According to the commission, the exclusions will apply for a year. Duties that have already been imposed will not be refunded.
The remaining US products subject to China’s first round of additional tariffs will not be excluded for the time being, the commission said.
The commission said it will continue the exemption process, and release the exclusion lists of US goods subject to the second round of additional tariffs in due course.
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