BEIJING: China announced on Wednesday it would exempt 16 categories of products from US tariffs, ahead of a fresh round of trade talks next month.
China and the US have been embroiled in a year-long trade war that has seen the two sides slap punitive tariffs on hundreds of billions of dollars in two-way trade.The exemptions announced on Wednesday will become effective on Sep 17 and be valid for one year, according to the Customs Tariff Commission of the State Council, which released two lists that include seafood products and anti-cancer drugs.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China exempts 16 types of US goods from additional tariffs[BEIJING] China announced a range of US goods to be exempted from 25 per cent extra tariffs put in place last year, as the government seeks to ease the impact from the trade war without lifting charges on major agricultural items like soybeans and pork. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Studies show US companies not leaving China in droves, but China companies investing less in USWASHINGTON - Chinese companies are investing less in the United States but American firms are continuing to plough money into China, according to two research papers released on Monday (Sept 9) that show how companies in the two superpowers are responding differently to the trade war.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Beijing deploys drones for South China Sea surveillanceA network of drones has been deployed by Beijing to watch over the islands and reefs of the disputed South China Sea.The network, run by the Ministry of Natural Resources, covers the uninhabited, hard-to-reach islands as well as the vast open waters of the area, according to the ministry’s South Sea
Source: YahooSG - 🏆 3. / 71 Read more »
Nissan CEO Saikawa to step down on September 16Nissan Motor Co's embattled chief executive will step down on Sept. 16 and will be temporarily replaced by Chief Operating Officer Yasuhiro ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Nissan's Saikawa bows to pressure, to quit as CEO on Sept 16YOKOHAMA (REUTERS) - Nissan Motor Co CEO Hiroto Saikawa will resign on Sept 16, the automaker said on Monday (Sept 9), bowing to pressure after he admitted to being improperly overpaid and marking further upheaval at a company battered by scandal and plunging profit.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Roglic tightens Vuelta grip, Fuglsang triumphs in stage 16Primoz Roglic tightened his grip on the Vuelta a Espana, while Jakob Fuglsang earned a solo triumph in stage 16 on Monday.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »