China removes several US products from tariffs list

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China removes several US products from tariffs listChina on Wednesday said it would spare a number of US products from punitive tariffs in what is seen as an olive branch by Beijing in the protracted trade war ahead of high-level talks next month. The exemptions will become effective on September 17 and be valid for a year, according to the Customs Tariff Commission of the State Council, which released two lists that include seafood products and anti-cancer drugs. The lists mark the first time Beijing has announced products to be excluded from tariffs.


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