U.S. considers extending tariff exclusions on Chinese imports
The U.S. is considering extending certain tariff exclusions on $34 billion of imports from China as the two work toward a trade agreement, the Office of the U.S. Trade Representative says.U.S. Trade Representative Robert Lighthizer gestures as he chats with Chinese Vice Premier Liu He as U.S. Treasury Secretary Steven Mnuchin looks on after posing for a "family photo" at the Xijiao Conference Centre in Shanghai on July 31, 2019.The U.S.
Nearly 1,000 products were exempted from the July 2018 tariff, and those exclusions are set to expire on Dec. 28. The extension would give the companies importing those products leeway, while mitigating tensions between the global superpowers as they hash out the details of their agreement. In September,
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