U.S. lifts tariffs on 400 Chinese products

381

United States President Donald Trump has granted tariff exemptions to more than 400 items imported from China, signaling progress as deputy-level trade talks entered a second day.

The US Trade Representative’s office issued three Federal Register notices exempting a wide range of products from tariffs in response to requests from U.S. companies, which argued that the levies would cause economic hardship.

The 437 exempted products range from printed circuit boards for computer graphics processors to dog collars, laminated wood flooring and miniature Christmas lights.

President Donald Trump acknowledged that he and his Chinese counterpart, President Xi Jinping, were having “a little spat,” but noted that a deal was not necessary before the U.S. election.

“We’re looking for a complete deal. I’m not looking for a partial deal,” Trump said, adding that he did not need a deal to happen before the 2020 presidential election.

Chinese and U.S. negotiators are holding two days of talks that are expected to focus heavily on agriculture and laying the groundwork for high-level talks in early October.

The talks will determine whether the two countries are working toward a solution or headed for new and higher tariffs on each other’s goods.

 

 




Leave a Reply

Your email address will not be published.