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China extends tariff exemption on 81 products from U.S By Reuters

by Mike Robinson

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© Reuters. FILE PHOTO – Staff meet behind the American and Chinese flags at 2021 China International Fair for Trade in Services, (CIFTIS), Beijing, China on September 4, 2021. REUTERS/Florence Lo

BEIJING (Reuters) – China’s Ministry of Finance on Thursday said it would extend a tariff exemption for 81 products imported from the United States, including some shrimp and electric vehicle batteries, until April 16, 2022.

These items were exempted from U.S. retaliatory tariffs that China imposed on U.S. products as countermeasures. Section 301 was to be implemented in 2019. The ministry added that these exemptions would expire on Thursday.

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