China Announces a New Round of Tariff Exclusions 2020

Country:
China

Report Highlights: On February 18, 2020, China announced a new round of tariff exclusions for U.S. agricultural commodities impacted by the retaliatory Section 301-tariffs levied by China. While the announcement enumerates approximately 150 agricultural and agricultural-related tariff lines, eligible enterprises may apply for a tariff exclusion for any tariff line, provided that tariff line has not already received a tariff exclusion. However, tariff exclusions will be approved for individual applicants and will not automatically extend to all importers. Qualified importers can begin applying through China's Ministry of Finance website beginning March 2, 2020. This report contains a translation of the announcement, a table of enumerated tariff lines associated with this round, and a translated Q&A document from the Ministry of Finance.

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