U.S. exempts some medical, electronic devices from China tariffs

10 Juillet, 2019, 14:58 | Auteur: Anatole Charbonneau
  • U.S. exempts some medical, electronic devices from China tariffs

USA officials held a phone call on Tuesday with their Chinese counterparts to discuss the ongoing trade conflict between the countries, United States officials said.

But they said the two sides confirmed they'll keep negotiating to ease trade tensions.

Nonetheless, after the meeting with Chinese President Xi Jinping over the latest G20 summit in the Japanese City of Osaka, Trump had agreed to cancel a tariff hike on all Chinese imports, untouched by trade spat so far, worth of $300 billion, meanwhile, Chinese President had also agreed to purchase some United States agricultural goods.

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He and Minister Zhong Shan on Tuesday to continue negotiations to resolve outstanding trade issues, a U.S. official said.

The talks to end the trade war between the U.S and China broke down in May after the United States blamed China for retreating from commitments including new laws to address the USA concerns.

Mr Trump said then that China would restart large purchases of USA agricultural commodities, and the U.S. would ease some export restrictions on Chinese telecommunications equipment giant Huawei Technologies.

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"Both sides will continue these talks as appropriate", the official said in an email, declining to provide details on what was discussed and the next steps for talks.

USTR has exempted a component in a Medtronic PLC device used to treat liver tumors, one of 12 exclusion requests granted to the world's largest medical device maker. He then jacked up duty rates on US$200 billion in Chinese imports.

The Trump administration will exempt 110 Chinese products, from medical equipment to key capacitors, from hefty tariffs, it said on Tuesday, offering relief to some US firms which have said the taxes harm their bottom lines. The U.S. president also said he would allow U.S. companies to resume supplying some of their products to Huawei, but added that the Chinese telecommunications-gear-making giant would remain on a Commerce Department trade blacklist over national security concerns.

One Chinese official familiar with the situation said that trade talks would be re-started very quickly, but that there was a "fairly large gap" in the core demands of both countries and it would be a challenge to reach consensus on the toughest issues.

One way for China to avoid the appearance of giving in to USA demands is to take some legal steps on key issues before the deal is agreed.

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