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China exempts 16 US products from additional tariffs

China exempts 16 US products from additional tariffs

China announced Wednesday it plans to exempt 16 types of U.S. products from additional tariffs, including food for livestock, cancer drugs and lubricants. The exemption, scheduled to go into effect from Sept. 17, will be valid for a year through to Sept. 16, 2020. The announcement comes as trade officials from China and the U.S. prepare to meet in Washington next month.

Simone
Simone
porcus
porcus 1 year

You can bet that the CCP is watching the 2020 election closely; I doubt they will change their position much unless it looks obvious that Trump is going to win. At this point it looks like there is a standoff until the end of 2020.

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