US imposes tariff exceptions on some Chinese ship-ins
(MENAFN) The United States has prolonged a tariff exemption on certain Chinese imports until August 31, amid ongoing deadlock in trade negotiations between the world’s two largest economies. This extension applies to 164 Chinese products, including semiconductor parts, telecom equipment, aerospace goods, and medical device components, as well as solar panel manufacturing machinery exempted since September 2024.
The tariffs, initially imposed during Donald Trump’s administration to address concerns over China’s technology transfer and intellectual property practices, remain largely intact under President Biden, with periodic exemptions granted to specific items.
This extension follows a tentative trade truce reached in May, which paused most new tariffs for 90 days while keeping a 10% tariff baseline. However, talks have since stalled, with both Washington and Beijing accusing each other of violating the agreement. The US criticizes China for not easing export controls on key materials, while China points to US restrictions on companies like Huawei and visa cancellations as breaches of the deal.
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