China extends tariff exemption on some US goods

China will continue to exempt certain US goods from additional tariffs for another year, the Chinese Customs Tariff Commission of the State Council said Tuesday.

The country announced in September last year that 16 items from the United States would be excluded from the first round of tariff countermeasures against the US Section 301 measures, effective from September 17, 2019 to September 16, 2020.

After the extension, the exemption will last until Sept. 16, 2021, the commission said in a statement.

(Source: UNB)