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China Extends Customs Exemptions For 16 US Products

China’s Finance Ministry said it will extend existing customs exemptions for 16 US products including lubricants, whey and fish meals for an additional year.

The ministry said that the products received exemptions from retaliatory customs duties imposed by China on US goods as countermeasures to the US Article 301 measures in 2019. The extension will continue until September 16, 2021.

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