Six US chemical and oil products will not be targeted by additional duties for another year, according to China’s finance ministry. The exemptions were initially introduced after the two countries reached a phase-one trade deal.
The extension will come into force on Saturday and last until December 25, 2021, the ministry said in a statement on Friday. The tariff waivers cover refined oil products such as white oil and food-grade petroleum wax, as well as metallocene high-density polyethylene and a special grade of linear low-density polyethylene.
Continue reading https://on.rt.com/ay37