latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/china-to-accept-tariff-exemption-applications-for-696-us-products-57147370 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

China to accept tariff exemption applications for 696 US products

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive


China to accept tariff exemption applications for 696 US products

China on March 2 will begin accepting applications from companies for the exemption of tariffs on 696 products imported from the U.S.

Products eligible for exemption include soybeans, pork, beef, crude oil and copper ore, among other items, according to the list released by the Customs Tariff Commission of the State Council.

Imports within the authorized amount will not be subject to tariffs for one year from the approval date, the commission said. Tariffs in excess of the approved amount will have to be borne by the applicant, it added.

This would be the third list of U.S. goods that China is set to grant tariff exemptions for since September 2019. The country recently allowed imports of poultry and poultry products from the U.S. amid a bird flu outbreak in two provinces.

As part of a "phase one" trade deal signed Jan. 15, China has pledged to purchase more than $200 billion of additional American products and services over the next two years.