China exempts 16 types of U.S. goods from additional tariffs
BEIJING, Sept 11 (Reuters) - China on Wednesday moved to exempt 16 types of U.S. products from additional retaliatory tariffs, including whey and fish meal, which are fed to animals, and some lubricants, according to a statement from the Ministry of Finance.
The exemption will take effect on September 17 and be valid for a year through to Sept. 16, 2020.
The ministry said items on the two tariff exemption lists posted on its website will not be subject to additional duties imposed by China on U.S. goods "as countermeasures to U.S. Section 301 measures", it said.
(Reporting by Beijing Monitoring Desk Editing by Shri Navaratnam)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Latest US Markets Videos
- EXCLUSIVE-Electric vehicle charge network ChargePoint nears deal to go public -sources
- EXCLUSIVE-Shell launches major cost-cutting drive to prepare for energy transition
- Argentina central bank clamps down further on dollar access as peso swoons
- China's Tencent rebrands WeChat work app ahead of Trump ban