State Council: Tariff Exclusion Applications Allowed For Some Companies

On February 18th, Customs Tariff Commission of the State Council issued a notice, which noted that the commission will accept applications from companies in China starting from March 2nd, and review applications “one by one” before the tariff exclusion. Companies which can get approval should meet certain standards and purchase products from the US based on “market-oriented and commercial principles”. The tariff exclusion is for the additional levies China imposed on US imports as countermeasures against Section 301, it said.