Some US goods' exemption from tariffs to ease tension
China announced a first group of products for exclusion from the initial round of additional tariffs on United States imports slated to take effect on Tuesday, the Customs Tariff Commission of the State Council said in a statement on Wednesday.
In the statement, the commission unveiled two tariff exclusion lists of 16 items, including fish meal, raw materials used in cancer drugs and some lubricants.
All items on the two lists will be excluded from additional tariffs for a year up to Sept 16, 2020. That means the items will not be subject to additional tariffs imposed by China on US products as countermeasures to US Section 301 measures.
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