Friday, July 5, 2024
HomeBusinessUSTR is expanding some Chinese tariff exclusions, but many are dropping

USTR is expanding some Chinese tariff exclusions, but many are dropping

The Office of the U.S. Trade Representative (USTR) announced on Friday a further extension of all China Section 301 tariff exclusions for 352 Chinese imports and 77 pandemic-related categories through June 14, and said some would be extended through June 31 May 2025.

Former President Donald Trump’s administration used Section 301 of the Trade Act of 1974, a statute aimed at combating unfair practices by trading partners, to implement the Chinese tariffs in 2018 and 2019.

Friday’s action means certain goods will remain excluded from import tariffs, including animal feeding machines, DC electric motors, blood pressure monitors and thermostats designed for air conditioning or heating systems that are not connected to the internet.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments

Translate ยป