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China extends tariff exemption on certain U.S. goods
Published on: 2022-11-29
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China will extend tariff exemptions for six months on some US goods subject to countermeasures against US Section 301 measures, according to an official announcement on Monday, in what analysts call a standard and reciprocal move after the US also announced similar exemptions.

Days after the US announced a tariff exemption extension on some Chinese goods, the Customs Tariff Commission of the State Council announced an extension of tariff exemptions on the ninth batch of US goods from December 1, 2022 to May 31, 2023.

According to a product list published by the MOF, the tariff exemptions are being extended on timber, agricultural products, lubricating oil, machine tools, forging machines, laser products and healthcare products.

On Thursday, the office of the US Trade Representative (USTR) announced tariff exemption extensions for an additional three months for 81 Chinese healthcare products, including blood pressure monitors and X-ray tables, in order to continue to fight the COVID-19 pandemic, according to a statement by the USTR.

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