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Indiaexportnews.com

US relents, exempts some medical, electronic devices from China tariffs

  12.07.2019    

The Trump administration will exempt 110 Chinese products from tariffs, ranging from medical equipment to key capacitors from July 9 retroactively for a year, reported Reuters.
The exemption list will lessen the blow from the 25 per cent tariffs that the United States applied to US$34 billion of Chinese imports.
US and Chinese negotiators are scheduled to resume talks this week after a two-month hiatus, a year since the tariff battle began. Washington is pushing Beijing to remedy what US officials see as decades of unfair trading practices.



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