Guess what, global shoppers? 🛍️ China just announced something big! The Customs Tariff Commission of the State Council revealed on Monday that tariff exemptions on certain U.S. goods will now last until November 30, 2024. That's right—an extra break on tariffs for over a year! 🎉
Previously, these exemptions were set to expire on April 30, 2024, but China has decided to keep the good vibes rolling. This extension could mean more affordable prices on some of your favorite U.S. products and a boost for businesses on both sides of the Pacific. 🌊
This move is seen as a positive step towards easing trade tensions and promoting smoother economic relations between the two superpowers. It's like the global economy just got a friendly nudge forward! 💪
So, keep an eye out for those U.S. goodies—now with extended tariff exemptions! 🛒
Reference(s):
China extends tariff exemptions on some U.S. goods until November 30
cgtn.com
