News X
18 Feb 2020
China Announces Tariff Exemptions
Oil
China has announced it will grant exemptions on duties imposed against 696 USgoods, including crude, LNG and refined products, reports Reuters. Companies can start submitting applications from 2 March to avoid tariffs on US imports that were imposed by China over 2018 and 2019. The exemptions will last for one year, starting from the date of approval.