lørdag 21. september 2019

Walking back from the trade war ledge, the US just exempted hundreds more Chinese goods from tariffs

The United States will exclude a long list of Chinese-made goods from the tariffs that President Donald Trump's administration imposed as part of the trade war. Dog leashes, pool vacuum cleaners, electric skateboards, Christmas lights and drinking draws are among the hundreds of goods that will no longer going to be hit with the tariffs, the Office of the United States Trade Representative announced Friday in three published lists.

The exemptions mark the latest detente in the trade war. Last week, China exempted certain American imports including shrimp, fish meal, and cancer drugs, followed a couple of days later by US soy beans and pork imports, from its own tariffs. The United States followed suit by delaying tariffs on certain Chinese goods from October 1 to October 15.