China extends tariff exemptions on more than 120 U.S. products

China has extended tariff exclusions on 124 U.S. goods, which were set to expire last month, for six months, its Ministry of Finance announced on Dec. 24. The goods were subject to retaliatory duties Beijing imposed in response to Section 301 tariffs levied on Chinese goods by the Trump administration, according to a translation of the announcement included in a Dec. 28 U.S. Agriculture Department report . The USDA report, from its Foreign Agricultural Service, also notes that in addition...