In a note to its members, the National Hardwood Lumber Association reports that China has agreed to extend tariff exemptions on 65 imported products from the United States. Seven hardwood log and lumber products have made that list. The new extension will expire on September 16, 2021. The note explains that, “The American Hardwood Export Council is working with the Embassy to clarify all HS codes involved, but they believe it includes most, if not all species, that were originally hit with tariffs.” China first placed these tariffs in May 2019 as a retaliatory measure. However, in February 2020, China announced exclusions.
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China extends tariff exclusions on imported hardwood lumber, logs