
China will exempt additional tariffs on U.S. aircraft radar and some other radar equipment imposed during the trade dispute with U.S., State Council’s tariff office says Tuesday.
Since September last year, China has issued four lists of U.S. goods eligible for exemption of retaliatory duties. Besides that, China announced a list of 696 American products including key agricultural and energy products eligible for punitive tariff waivers in February, in a move to support companies to start purchasing and importing from the U.S. for the implementation of China-U.S. phase one deal.
Selected projects will strengthen domestic rare earth supply chains, reduce reliance on foreign sources, and improve U.S. energy security.
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