Schindler Lifts Its Imports Just As Tariff Leniency is Rejected — Panjiva


Schindler Lifts Its Imports Just As Tariff Leniency is Rejected

China 1758 Industrials - Capital Goods 265 Tariffs 1169 U.S. 3297

The process of granting exemptions to U.S. duties on Chinese exports has continued following the end of the government shutdown. A total of 13,739 requests have been made regarding the 25% duties on $50 billion of products by 1,659 companies. So far 71.7% of cases where a decision has been made have been rejected. At the current rate of review it will take 40 weeks for the review process to be completed. A successful conclusion to U.S.-China talks could obviate the need for tariffs of course, or extend them to four times as many products should the negotiations fail. The latest round of ...

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