The U.S. Trade Representative’s office (USTR) has reinstated 352 of the 549 eligible exemptions from U.S. “Section 301” tariffs on Chinese imports. The list released by USTR includes industrial components such as pumps and electric motors, certain car parts and chemicals, backpacks, bicycles, vacuum cleaners, and other consumer goods.
The exclusions had expired at the end of 2020.
The reinstated product exclusions will be effective retroactively from October 12, 2021 and extend through December 31, 2022, USTR said. The exemptions cover a wide range of the initially estimated $370 billion worth of Chinese imports that former president Donald Trump hit with punitive tariffs of 7.5 percent to 25 percent.
The full list of exemptions is here.
