The 16 category product list marks the first time Beijing announces products to be excluded from tariffs. FMTNews
The 16 category product exemption will become effective on Sept 17 and valid for a year.
BEIJING: China announced Wednesday it would exempt 16 categories of products from US tariffs, ahead of a fresh round of trade talks next month. China and the US have been embroiled in a year-long trade war that has seen the two sides slap punitive tariffs on hundreds of billions of dollars in two-way trade.
The exemptions announced Wednesday will become effective on Sept 17 and be valid for one year, according to the Customs Tariff Commission of the State Council, which released two lists that include seafood products and anti-cancer drugs.Other product categories which will become exempt from tariffs include alfalfa pellets, fish feed, medical linear accelerators and mould release agents.
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