On 18 February 2020 China's Tariff Commission announced a
new tariff exclusion process in which importers can apply for
exclusions from Chinese retaliatory tariffs when importing certain
goods from the United States. The tariff relief is part of
China's efforts to fulfill its commitments to purchase U.S.
goods under the Phase One Trade Deal agreed to in January between
the United States and China. The application process opens on 2
March.
The tariff relief covers over 696 tariff lines, including
agricultural products such as soybeans, pork, beef, corn, wheat,
mining and metal products such as copper ore, medical products such
as cefaclor and insulin, as well as products in the energy sector,
such as crude oil and liquefied natural gas (the full list is
available here). Companies can also apply for tariff relief for
other products subject to retaliatory tariffs that are not on the
annex if they provide additional information. This is the first
time it has expanded the