US to exempt some Chinese furniture, modem from planned 10% tariff hike

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US to exempt some Chinese furniture, modem from planned 10% tariff hike

On Friday, the 16th of August 2019, top officials of White House had told that the US President Donald Trump and his Administration were working on a plan to drop an added tariff on some made-in-China household furniture alongside internet modems and routers on its next round of tariff hike on $300 billion worth of Chinese exports, suggesting that the US government might be planning to loosen up the grip ahead of a next round of trade-talk between US and China.

In point of fact, latest comments from White House on China tariff came shortly after US President Donald Trump had been quoted saying on Friday (August 16th) in New Jersey that the China talks had been very productive and a face-to-face meet was expected as early as next month, adding that he was expecting a phone conversation with his Chinese counterpart Xi Jinping very soon.

Nonetheless, the US President had not disclosed an exact timeframe for the phone conversation. Meanwhile, according to US Trade Representative’s office of Robert Lighthizer had released a complete list on Chinese products, which would be exempted from a $300 billion in tariffs, due to come into effect on September 1st, while the Chinese exports removed briefly from added tariffs would witness a tariff-free entrance into the US market until December 15th.

Besides, according to data from US Census Bureau, the newly formulated list of 44 categories, which would be spared from a 10 percent tariff hike, worth of a hefty sum of $7.8 billion, would be including some chemical compounds used in plastic production, bibles and religious texts aside from modems, routers and some furniture as beforementioned.