US extends some Chinese tariff exclusions, but many to fall away
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The US Trade Representative's (USTR) office has announced a further extension of all China Section 301 tariff exclusions on 352 Chinese import and 77 pandemic-related categories through June 14, and said some would be extended through May 31, 2025. The exclusions were previously scheduled to expire on May 31, but USTR said it was extending them to allow for a transition. However, many product categories will once again face tariffs, including garage-door openers, switches used in motor vehicles, printed circuit board assemblies, electric motorcycles, natural graphite, and duffel and messenger bags. The US imposed tariffs on Chinese imports in 2018 and 2019, and the exclusions are part of ongoing trade tensions between the two countries.
#UschinaTradeWar #TariffExclusions #ChinaSection301
https://m.economictimes.com/news/international/world-news/us-extends-some-chinese-tariff-exclusions-but-many-to-fall-away/articleshow/110412453.cms