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China publishes first punitive tariff exclusions while US postpones 5% increase to Lists 1, 2 and 3

On 11 September 2019, China’s Customs Tariff Commission (Commission) announced a list of 16 tariff items that will be exempted from the retaliatory tariffs on the US$500 billion of United States (US) origin goods (China Lists 1 and 2). These are the first group of exemptions to be granted by the Commission since the punitive tariffs went into effect in July and August 2018.

Source EY

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