China to remove trade war tariffs on more USA products
China to remove trade war tariffs on more USA products
The Chinese government on Thursday, 19 December 2019 informed that the country is exempting more USA products from the trade war tariffs, including specific PP and PE grades.
The following table detailed the products that are entitled to tariffs exemption:
|
No |
HS Code |
Product Description |
|
1 |
27101999 |
White oil. Colorless, transparent oily liquid consisting of a mixture of liquid hydrocarbons, obtained by fractional distillation of crude oil. The composition of the product is 100% white mineral oil, the product viscosity at 40°C is 65mm2/s, flash point is 225°C, pour point is -10°C, specific gravity (20°C/20°C) is 0.885) |
|
2 |
27129010 |
Food grade microcrystalline paraffin, the corresponding indicators meet the requirements of "Food Grade Microcrystalline Wax" (GB22160-2008) |
|
3 |
39012000 |
Metallocene high density polyethylene, density 0.962g / cm3, melt flow rate 0.85g/10 min |
|
4 |
39014010 |
Adhesive (an ethylene-propylene copolymer with 65% ethylene and 35% propylene with a specific gravity less than 0.94) |
|
5 |
39014020 |
Linear low density copolymer of ethylene and 1-octane |
|
6 |
39021000 |
Copolymer impact-grade polypropylene, melt index MI <0.5g/10 min, UL-certified yellow card RTI (equivalent to long-term working temperature) 115°C, Izod impact strength (measurement method ISO 180): 23°C 64KJ / m2, 4.0KJ / m2 at -40°C |
It is important to note that all trade-war tariffs previously imposed on these products are exempted, however, the regular import duties would still be in place.
The exemption period is one (1) year with effective 26 December 2019.
The eligibility of the tariffs exemption shall depend on the description of the product.