China to Extend Tariff Exemptions for U.S. Imports Until February 28, 2025

Jul 22, 2024, 09:02 AM

China's finance ministry announced on Monday that it will extend tariff exemptions for certain U.S. imports until February 28, 2025. The Customs Tariff Commission of the State Council confirmed the continuation of these exemptions from additional tariffs, which aim to facilitate trade between the two nations. This extension is seen as a move to ease trade tensions and promote economic cooperation between China and the United States.