THE us extended its reprieve on tariffs for some goods from China as the Biden administration reviews the need for duties introduced by the previous Trump administration, reports Bloomberg News.
The exclusions will apply to 352 products and run through September 30.
The goods include pumps, compressors, air and water purifiers, valves, and various motors. Exemptions from the duties will lapse for 197 other products.
The tariffs on Chinese goods are a holdover from President Donald Trump's actions against China, and the Biden administration has kept them in place.
Tensions between the two eased since hitting a low point earlier this year following a visit to Taiwan by US House Speaker Nancy Pelosi.
However, efforts to stabilise ties were hindered recently, after China filed a dispute to the World Trade Organisation (WTO) against US export-control measures on Chinese microchips.
President Trump began to impose duties on billions of dollars of imports using section 301 of the Trade Act in 2018, after an investigation declared China stole intellectual property from American companies.
President Joe Biden has been holding back on a decision to scrap any tariffs, ranging from industrial inputs to consumer merchandise.
SeaNews Turkey
The exclusions will apply to 352 products and run through September 30.
The goods include pumps, compressors, air and water purifiers, valves, and various motors. Exemptions from the duties will lapse for 197 other products.
The tariffs on Chinese goods are a holdover from President Donald Trump's actions against China, and the Biden administration has kept them in place.
Tensions between the two eased since hitting a low point earlier this year following a visit to Taiwan by US House Speaker Nancy Pelosi.
However, efforts to stabilise ties were hindered recently, after China filed a dispute to the World Trade Organisation (WTO) against US export-control measures on Chinese microchips.
President Trump began to impose duties on billions of dollars of imports using section 301 of the Trade Act in 2018, after an investigation declared China stole intellectual property from American companies.
President Joe Biden has been holding back on a decision to scrap any tariffs, ranging from industrial inputs to consumer merchandise.
SeaNews Turkey