China to Extend Tariff Exemptions for U.S. Imports Until 2025

Jul 22, 2024, 08:14 AM

China's finance ministry announced on Monday that it will extend tariff exemptions for the import of some U.S. products until February 28, 2025. This move, which includes tariff waivers, is part of ongoing trade negotiations between the two countries. The extension aims to ease trade tensions and promote economic stability.