US Extends Tariff Exclusion on Some Chinese Goods for 1 Year Following Trade Truce

5Mind. The Meme Platform

The decision follows the economic and trade deal recently struck between Trump and Xi, USTR says.

The United States has extended its reprieve on tariffs on some Chinese products for one year, following the trade deal announced earlier this month between President Donald Trump and Chinese leader Xi Jinping.

The exclusions, due to expire at the end of this month, will apply to 178 product categories, including equipment used in manufacturing solar products, and run through November of next year, the Office of the U.S. Trade Representative said in a Nov. 26 statement.

Goods that received renewed exemptions include medical devices such as blood pressure monitors and pulse oximeters, as well as a wide range of industrial products, such as pumps, motors, air and water purifiers, and compressors used in cars’ air conditioning systems.

The United States initially imposed duties on billions of dollars’ worth of imports from China during Trump’s first term, after a USTR investigation concluded that China had, for decades, stolen American intellectual property and forced U.S. companies to transfer technology. The Biden administration largely maintained these tariffs.

In the Nov. 26 formal notice, the USTR said the decision to further extend the exclusion reflects feedback the administration received from the public.

“In response to the notice, 147 of the current exclusions received comments supporting extension and claiming, inter alia, that products covered by the exclusion continue to be available only in limited quantities outside of China and additional time is needed to shift sourcing outside of China,” the USTR said.

“Only ten of these exclusions also received comments opposing extension. Generally, commenters opposing extension claimed that products covered by an exclusion are available outside of China, and some comments asserted an adverse impact to a competing domestic industry.”

The trade office noted that this decision came in light of the economic and trade deal struck between Trump and Xi following their summit in South Korea on Oct. 30.

On Nov. 24, the two leaders had their first conversation since the historical summit, discussing trade, Ukraine, and other topics.

By Dorothy Li

Watch Full Video on EpochTV

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:09:03

Two birthdays apart

The Bicentennial was not just a commemoration of 200 years of independence – it was a coast‑to‑coast block party of red, white and blue.
00:02:31

Is Charlie Kirk’s Assassination Looking More Like a Conspiracy?

Enough videos have been posted to the internet, plenty...

Is There a 9/11 WTC and 9/10 Charlie Kirk Connection?

Strange parallels in online stories raise questions about whether Israelis and Mossad intelligence are our allies or adversaries.

Judicial Watch Victory: DC Police Produces 1,627 January 6 Bodycam Videos

https://www.youtube.com/watch?v=8_a99nDhFT4 (Washington, DC) – Judicial Watch announced today that the Washington,...

Federal Judge Finds Trump IRS Suit Collusive, Improper

A federal judge ruled that President Trump’s lawsuit against the IRS over his leaked tax returns was an example of self-dealing that was filed for an “improper purpose.”

xAI Rebrands as SpaceXAI, Launches New Grok 4.5 Model

xAI has officially rebranded itself as SpaceXAI and has a new logo, the company recently announced on X.
00:18:20

Sen. Lindsey Graham Dies at 71 From Suspected Aorta Rupture, Preliminary Findings Show

Sen. Lindsey Graham (R-S.C.) died from a “brief and sudden illness” Saturday evening, his office said in a statement.

Trump Warns of Global Spread of Communism at NATO Summit

President Trump reiterated his warnings about communism during the NATO summit in Ankara on July 8, saying he believes it’s taking root in the US and around the world.

Trump Arrives in Ankara to Meet With NATO Allies

It marks the first visit to Turkey by a...
00:01:40

President Launches Trump Accounts for Children With Historic Opening of NYSE, NASDAQ

President Trump rang a bell to open the New York Stock Exchange and NASDAQ during an Oval Office ceremony to launch accounts for children across the nation.

Trump Shares New US Passport Design on Truth Social

The mockup shows limited-edition passports planned for a July...
spot_img

Related Articles

Popular Categories

MAGA Business Central