These Textile Exports To The United States Continue To Enjoy Tariff Exemption!

The U.S. trade representative's office announced on the 23rd that the exemption policy will continue to be implemented for 352 products exported from China to the United States that were granted tariff exemption during the trump administration but whose exemption has expired. However, this number is less than the 549 items previously included in the exemption scope.

According to article 301 of the 1974 trade act, former US President trump imposed tariffs on hundreds of billions of US dollars worth of Chinese products exported to the United States every year. Considering the supply chain situation and the burden of enterprises, the trump government approved the exemption of tariff on some products. Most of the tariff exemptions have expired by the end of 2020.

The US trade representative's office said in a statement on the 23rd that 352 products exported from China to the United States will continue to be exempted. The exemption period will go back to October 12, 2021, until December 31, 2022.

The list released by the USTR office includes industrial components such as pumps and motors, some auto parts and chemicals, and consumer goods such as backpacks, bicycles and vacuum cleaners. Among them, there are 38 tax codes of textile and clothing products. In addition, the tariff exemption also includes 0505.10.0050 feather, 0505.10.0055 down and 9404.90.1000 cotton pillow filled with duck down or goose down. Some U.S. experts believe that the tariff exemption proves that China is crucial to the global supply chain in favor of the United States.

For this restoration exemption, Shu jueting, a spokesman for the Ministry of Commerce, said: "This is conducive to the normal trade of related products. China always believes that unilateral tariff increases by the United States are not conducive to China, the United States and the world. In the current situation of persistently high inflation and challenges to the global economic recovery, it is hoped that the United States will, in the fundamental interests of consumers and producers of China and the United States, abolish all the tariff increases on China as soon as possible and promote both sides Border economic and trade relations will return to normal track as soon as possible. "