The Chinese government is offering tariff exemptions to importers in key industries. Photo: Xinhua
China throws trade war tariff exclusion lifelines that it thought it would never need
- Beijing has been working on the exemptions for six months
- Roll-out signals trade war has gone further than China expected
Topic |
China economy
The Chinese government is offering tariff exemptions to importers in key industries. Photo: Xinhua
Analysts say China’s efforts to relieve the impact of tariffs on US imports vital to the economy will allow Vice Premier Liu He and his team to take the high ground in negotiations. Photo: EPA
Chinese exclusion process is aimed at limiting domestic damage caused by higher tariffs on US imports
- China’s process is modelled on one used by US, but only incorporated companies can apply for relief and there will be no public hearings
Topic |
China economy
Analysts say China’s efforts to relieve the impact of tariffs on US imports vital to the economy will allow Vice Premier Liu He and his team to take the high ground in negotiations. Photo: EPA