SINGAPORE (ICIS)--China will exclude 16 products from a 25% additional tariff on US goods for a year starting from 17 September 2019 to 16 September 2020, the Customs Tariff Commission of the State Council said in a statement on Wednesday.
They make the first list of such exemptions and more are expected to come in future, the Commission said.
The listed products are mostly covered in China’s tariffs on $16bn of US goods enacted on 24 August last year.
Under the arrangement, importers can get paid tariffs refunded for 12 products (see table 1) while the remaining 4 products (table 2) will not enjoy repayment.
|#||HS code||Product name|
|1||03063610||Other small shrimp and shrimp seedlings|
|2||12141000||Aster meal and pellets|
|7||29349990||Ring line, insecticidal ring, insecticide nail, etc.|
|8||29349990||Other heterocyclic compounds|
|9||34021300||Non-ionic organic surfactant|
|10||34031900||Lubricant (oil containing or extracted from bituminous minerals and <70% by weight)|
|11||34039900||Lubricant (oil that does not contain petroleum or is extracted from bituminous minerals)|
|12||90221400||Other medical, surgical or veterinary X-ray applications|
|4||27101993||Lube base oil|
Click here to view related stories and content on the US-China trade war topic page