HomeLive CommentsUS exempts tariffs on more than 400 Chinese products lines

US exempts tariffs on more than 400 Chinese products lines

US Trade Representative Office is temporarily exempting more than 400 lines of Chinese import from tariffs imposed last year. Exclusions included Christmas tree lights, plastic straws, dog leashes and printed circuit boards. According to USTR documents, the exemptions stem from more than 1100 exclusions requests made by companies and other entities in US.

For now, the exemptions on their own are seen as a move to address the tariffs impact on US companies, rather than concessions to China. Nevertheless, the timing is interesting as both sides seem to be creating some positive atmosphere for October meeting.

ActionForex
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

Latest Analysis

Learn Forex Trading