This method of Beijing on the issue of duties gives you to maintain public rhetoric of severity, which actually makes concessions, Reuters’ note.
China has accumulated a list of US goods to be exempted from 125% of the role, and it has been secretly reported to companies. About this reference to resources reported by Reuters.
The PRC has already provided exceptions from duties for individual goods, especially some pharmacist, microchips and aircraft engineers.
According to Reuters, the authorities also turned to companies with the request to indicate critical goods for them that they would like to import free of charge. However, having the so -called “White List” has not been disclosed before.
Such a non-public approach allows Beijing, which has repeatedly expressed its readiness to fight to the end until the United States cancel 145 percent duties, maintaining public string, while actually making concessions.
Companies secretly send messages from authorities about having a list of commodity positions free from duty.
One of the Reuters, a representative of the pharmaceutical company that sells American drugs in China, said they were told by the Pudun authorities in Shanghai.
Another resource said some companies are advised to contact their authorities to determine if their goods can apply for exclusion from the fee.
It is noteworthy that the media has written that the Chinese government considers the suspension of 125% of the duty to certain products from the United States against the rear of economic losses that some industries are experiencing due to restrictions on one another.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.