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China-US Tariff Suspension
Beijing, China - Dec 15, 2019 (CCTV - No access Chinese mainland)
1. Screenshot of statement on suspending planned additional tariffs on some U.S. products made by Customs Tariff Commission of State Council
FILE: Beijing, China - Exact Date Unknown (CCTV - No access Chinese mainland)
2. Tian'anmen Rostrum
3. Chinese national flag
FILE: Washington, D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
4. White House
5. U.S. national flag
FILE: Los Angeles, California, USA - Nov 9, 2017 (CCTV - No access Chinese mainland)
6. Various of port, containers
FILE: Los Angeles, California, USA - Date Unknown (CCTV - No access Chinese mainland)
7. Various of port; containers
FILE: Washington D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
8. Various of customers at supermarket
FILE: Iowa, USA - Nov 2017 (CCTV - No access Chinese mainland)
9. Machines harvesting soybeans
10. Various of machine pouring soybeans into vehicle
FILE: Washington D.C., USA - June 28, 2016 (CGTN - No access Chinese mainland)
11. Various of auto assembly line at Volkswagen workshop
FILE: New York City, USA - Date Unknown (CCTV - No access Chinese mainland)
12. Various of pedestrians
FILE: Tianjin Municipality, north China - July 8, 2019 (CCTV - No access Chinese mainland)
13. Various of containers being loaded onto ship
China suspended the planned additional tariffs on some U.S. products to be implemented at 12:01on Dec. 15 (Beijing Time), the Customs Tariff Commission of the State Council said Sunday.
The suspension covers the 10-percent and 5-percent additional tariffs, respectively, on the imported products, according to the commission.
Besides, the country will continue to suspend its additional tariffs on American-made vehicles and auto parts.
The decisions were made to implement the results of recent trade talks between the two sides and in accordance with China's laws and regulations on customs, foreign trade and tariffs as well as the basic principles of international laws, according to the commission.
The two countries agreed on the text of a phase one economic and trade agreement on Friday.
Other additional tariff measures will continue to be implemented as stipulated and work on tax exemptions for imports from the United States will continue to proceed.
The Chinese side hopes that the two sides will work together on the basis of equality and mutual respect to properly address each other's core concerns and promote the stable development of China-U.S. economic and trade relations, the commission said.
China-US Tariff Suspension
Dateline : Dec 15, 2019/File
Location : China
Duration : 1'27
Beijing, China - Dec 15, 2019 (CCTV - No access Chinese mainland)
1. Screenshot of statement on suspending planned additional tariffs on some U.S. products made by Customs Tariff Commission of State Council
FILE: Beijing, China - Exact Date Unknown (CCTV - No access Chinese mainland)
2. Tian'anmen Rostrum
3. Chinese national flag
FILE: Washington, D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
4. White House
5. U.S. national flag
FILE: Los Angeles, California, USA - Nov 9, 2017 (CCTV - No access Chinese mainland)
6. Various of port, containers
FILE: Los Angeles, California, USA - Date Unknown (CCTV - No access Chinese mainland)
7. Various of port; containers
FILE: Washington D.C., USA - Date Unknown (CGTN - No access Chinese mainland)
8. Various of customers at supermarket
FILE: Iowa, USA - Nov 2017 (CCTV - No access Chinese mainland)
9. Machines harvesting soybeans
10. Various of machine pouring soybeans into vehicle
FILE: Washington D.C., USA - June 28, 2016 (CGTN - No access Chinese mainland)
11. Various of auto assembly line at Volkswagen workshop
FILE: New York City, USA - Date Unknown (CCTV - No access Chinese mainland)
12. Various of pedestrians
FILE: Tianjin Municipality, north China - July 8, 2019 (CCTV - No access Chinese mainland)
13. Various of containers being loaded onto ship
China suspended the planned additional tariffs on some U.S. products to be implemented at 12:01on Dec. 15 (Beijing Time), the Customs Tariff Commission of the State Council said Sunday.
The suspension covers the 10-percent and 5-percent additional tariffs, respectively, on the imported products, according to the commission.
Besides, the country will continue to suspend its additional tariffs on American-made vehicles and auto parts.
The decisions were made to implement the results of recent trade talks between the two sides and in accordance with China's laws and regulations on customs, foreign trade and tariffs as well as the basic principles of international laws, according to the commission.
The two countries agreed on the text of a phase one economic and trade agreement on Friday.
Other additional tariff measures will continue to be implemented as stipulated and work on tax exemptions for imports from the United States will continue to proceed.
The Chinese side hopes that the two sides will work together on the basis of equality and mutual respect to properly address each other's core concerns and promote the stable development of China-U.S. economic and trade relations, the commission said.
ID : 8130019
Published : 2019-12-15 12:58
Last Modified : 2019-12-16 14:25:00
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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