China unveils lists of U.S. products to be excluded from tariffsChristian Fernsby ▼ | September 11, 2019
China on Wednesday unveiled a list of 16 types of products that will be exempt from the first round of additional tariffs on US imports as the two sides prepare for their latest trade talks.
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Topics: China U.S. tariffs
A number of medicines and insecticides are included on the list, while some other products will be eligible for refunds on tariffs already paid, it said.
Beijing announced the exemption plan in May and invited interested parties to apply to have certain products added to the list.
A second round of applications started last week.
In the latest escalation, the US will raise the tariffs on US$250 billion worth of Chinese products to 30 per cent from 25 per cent. The increase will come into effect on October 1. ■