US may extend tariff suspensions on $34 billion in Chinese goods
The United States Trade Representative is studying whether to extend tariff suspensions on Chinese goods that are set to expire on December 28, 2019
Chinese and US flags flutter near The Bund, before US trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019/ Reuters
The United States Trade Representative is studying whether to extend tariff suspensions on $34 billion of Chinese goods set to expire on December 28 this year, the agency said on Monday.
The USTR, the lead US trade agency, said it would take comment on the proposed tariff suspension from November 1 to November 30.
The USTR said on December 2018 that, at the request of US importers, $34 billion in Chinese goods would be exempt from 25% tariffs first set in July of 2018.
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The USTR will evaluate US importers' efforts to source the products in the United States or from third countries when it decides whether to extend tariff suspensions, according to a Federal Register notice.
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