The United States recently exempted tariffs on medical supplies imported from China

The United States recently exempted tariffs on medical supplies imported from China

Documents from the Office of the United States Trade Representative show that the United States has recently exempted some medical supplies imported from China from tariffs. The beneficiaries include masks, sterile wipes, and gloves.

Reuters reported that in the new pneumonia epidemic, the authorities approve the exemption of medical supplies tariffs faster than other products. A US medical supplies company applied for the exemption at the end of January and was approved more than a month later. However, Apple used headsets in October last year. For other products, the application for tariff exemption has not yet been approved. The Wall Street Journal believes that Washington may relax sanctions in response to insufficient medical supplies caused by the epidemic.

The United States imposed a fourth round of tariffs on imports from China on September 1st last year. The tariff rate for medical supplies was originally 15%, but it was halved after the first phase of the Sino-US trade agreement was signed.

Leave a comment

Your email address will not be published. Required fields are marked *