China Announces Tariff Exemptions on US Goods
China released its first batch of tariff exemptions for U.S. goods, which include exemptions for 16 items, according to an unofficial translation of a Ministry of Finance press release. The goods will be excluded from China’s first round of retaliatory tariffs in response to U.S. Section 301 tariffs. The exemptions will take effect Sept. 17 and last until Sept. 16, 2020, China said, adding that it plans to publish more exemptions in “due course.”
China will offer refunds of tariff payments already collected on the first list of exempted items, but will offer only exemptions, not refunds, on the second list of items. Companies are eligible to receive refunds within the next six months.
List 1
03063610 | Certain shrimp products |
12141000 | Alfalfa meal and pellets |
12149000 | Certain forage products |
23012010 | Flours or meals of fish, used in animal feeding |
27101991 | Lubricating oil |
27101992 | Lubricating greases |
29349990 | Cycloprom, insecticidal ring, insecticidal nail, polythiane, etc. (including methylthiophosphorus, buprofezin, trichlorfen, indoxacarb) |
29349990 | Decitabine, fluorouridine, cyclophosphamide, gefitinib, capecitabine, raltitrexed, fludarabine phosphate, Fluoride, cytarabine hydrochloride, gemcitabine hydrochloride, ectinib hydrochloride, ifosfamide |
34021300 | Non-ionic surface-active agents, (excl. soap), whether or not put up for retail sale |
34031900 | Lubricating preparations, containing petroleum oils or oils obtained from bituminous minerals and their weight LESS THAN70% |
34039900 | Lubricating preparations, not containing petroleum oils or oils obtained from bituminous minerals |
90221400 | Medical linear accelerator |
List 2
04041000 | Certain whey |
27101299 | Certain light oils and preparations |
27101919 | Certain isoparaffin solvents |
27101993 | Certain lubricating base oils |