China extends cancellation of additional duties on 79 items of imports from the United States

The cancellation is extended until December 25, 2021.

The Chinese government has extended the cancellation of the collection of additional duties on 79 items of imported goods from the United States. The Ministry of Finance of the People’s Republic of China announced this on Monday.

According to the ministry, the Committee on Customs Tariffs under the State Council of the People’s Republic of China extends the cancellation from May 19, 2021, to December 25, 2021.

On May 19, 2020, the Ministry of Finance of the People’s Republic of China announced the exclusion of 79 items of goods from the United States from the list of imports subject to additional duties for a year. The additional duties on them were imposed as part of the trade war between Beijing and Washington, which began in 2018 amid US dissatisfaction with the trade deficit in trade with China.

Among the designated import items are polycrystalline silicon, rare earth metals, some radioactive elements, isotopes, and their compounds, medical disinfectants, recombinant human insulin, titanium, generators, nickel-cadmium batteries, navigation radars and radars, flight recorders, and other goods.

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Author: Ivan Maltsev
The study of political and social problems of different countries of the world. Analysis of large companies on the world market. Observing world leaders in the political arena.
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Ivan Maltsev

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