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China extends tariff exemptions for imports of some U.S. products for one year

Economy Dec 25, 2020 06:15AM ET
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© Reuters. FILE PHOTO: Chinese and U.S. flags fly along Pennsylvania Avenue outside the White House in Washington

BEIJING (Reuters) - China's finance ministry said on Friday it will extend tariff exemptions for imports of 6 products from the United States including white oil and food-grade petroleum wax, for another year.

The extension, effective on Dec. 26, will last through Dec. 25, 2021, the ministry said.

China announced tariff exemptions on the 6 chemical and oil products from the U.S. in December last year, shortly after the two countries announced a Phase 1 trade deal.

China extends tariff exemptions for imports of some U.S. products for one year
 

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Comments (1)
Stratus Angelacus
Stratus Angelacus Dec 25, 2020 8:24AM ET
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Open a dialogue to enhance Chinese exports to the U S. ...MANA ( Make America Normal Again) .. Suggests : CHINA IS NOT THAT KIND.
Samui Lo
Samui Lo Dec 25, 2020 8:24AM ET
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What are you crying about?
Gary SKY saw
Gary SKY saw Dec 25, 2020 8:24AM ET
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Peter just came out from the jungle.. Forgive him
olivia peters
olivia peters Dec 25, 2020 8:24AM ET
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Samui Lo  He is right, u dont mess with China.
 
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