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US-China trade war
EconomyChina Economy

China tariffs: Beijing announces new raft of US imports eligible for waivers amid rising superpower tensions

  • Second batch of trade war tariff exemptions covers 79 products, including ores, chemicals and certain medical products
  • Importers must apply for waivers within six months of the announcement, with the exclusion process active for one year from May 19

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Importers in China must apply to the General Administration of Customs within six months of the announcement to be considered for waivers. Photo: AP
Finbarr BerminghamandFrank Tang

China has published a second batch of products to be exempt from US trade war tariffs, effective from next week for one year.

There are 79 products in total on the list published on Tuesday by the Ministry of Finance, including rare earth mineral ores, aircraft radar equipment, semiconductor parts, medical disinfectants, and a range of precious metals, chemical and petrochemical products.

Importers in China must apply to the General Administration of Customs within six months of the announcement to be considered for waivers, which are effective from May 19.

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The first batch of exclusions were announced in September 2019, and included major agricultural commodities such as soybeans and pork, as well as petrochemical products.
The announcement comes at a heated moment for the United States and China, with sharpened rhetoric prevalent on both sides. US President Donald Trump last week threatened to tear up the phase one trade deal, signed in January, should China not increase its imports of US goods, as per the purchasing agreement element of the deal.
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