Economic news

US extends tariff exclusions on some Chinese categories till end of 2023

2023.09.06 13:45


© Reuters. FILE PHOTO: Flags of U.S. and China are displayed at American International Chamber of Commerce (AICC)’s booth during China International Fair for Trade in Services in Beijing, China, May 28, 2019. REUTERS/Jason Lee/File Photo

WASHINGTON (Reuters) – The office of U.S. Trade Representative Katherine Tai on Wednesday announced a further extension of China “Section 301” tariff exclusions on 352 Chinese import and 77 COVID-19-related categories that were set to expire on Sept. 30.

The extension until Dec. 31, 2023, will allow for further consideration under the statutory four-year review, Tai’s office said in a statement.

The administration of former President Donald Trump used Section 301 of the Trade Act of 1974, a statute aimed at combating trade partners’ unfair practices, to launch the China tariffs in 2018 and 2019.

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