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The United States announced the extension of 352 Chinese products tariff exemption for 9 months!
Dec 21,2022
On December 16, local time, the Office of the United States Trade Representative announced that it would extend the tariff exemption for 352 Chinese products exported to the United States for another nine months. The exemption period for the 352 Chinese products exported to the United States was originally scheduled to expire at the end of 2022.
According to the report, U.S. Trade Representative Dai Qi exempted 352 Chinese exports to the United States from tariffs in March. These include industrial components such as pumps and motors, some auto parts and chemicals, bicycles and vacuum cleaners.
According to the USTR, the extension "will help coordinate further consideration of the exemption measures and the ongoing comprehensive review of the 'Section 301 'tariffs imposed by former President Donald Trump".
The U.S. Trade Representative's Office said it will continue to collect tariff review opinions until January 17 next year.
U.S. Will Include 36 Chinese Entities in U.S. Export Control "Entity List" Ministry of Commerce Response
On December 15, US Eastern Time, the US Department of Commerce issued an announcement to remove 25 Chinese entities from the "unverified list" and at the same time included 36 Chinese entities in the US export control "entity list". According to the website of the Ministry of Commerce, the spokesperson of the Ministry of Commerce should answer reporters' questions about the US Department of Commerce's inclusion of 36 Chinese entities in the US export control "entity list.
The US side frequently lists Chinese enterprises on the "entity list", which interferes with the normal economic and trade exchanges and cooperation between Chinese and American enterprises, violates the market rules, undermines the market rules and the international economic and trade order, affects the stability of the global industrial chain and supply chain, and damages the interests of global peaceful development. this is bad for china, bad for the united states, and bad for the whole world.
China maintains that export control should abide by the principles of fairness, reasonableness, and non-discrimination, should not harm the legitimate rights and interests of other countries in the peaceful use of export control items, and should not rationally use the achievements of scientific and technological progress to promote development, carry out normal international scientific and technological exchanges and economic and trade cooperation, and maintain The safe and smooth operation of the global industrial chain and supply chain has set obstacles.
China hopes that the United States will immediately stop its wrong practices and return to the correct path of safeguarding the rules of the multilateral trading system dominated by the World Trade Organization. At the same time, in response to the actions of the United States, China will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises and institutions.
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