China to lower import tariffs starting January 0 SHARES Share it! Share TweetBy Agence France-PresseBEIJING – Beijing will lower import tariffs on more than 850 products, including frozen pork from next month, the finance ministry said Monday, as authori­ties battle a severe shortage of the meat staple. Monday’s announcement said tariffs on frozen pork will drop from 12 percent to eight percent from January 1. The products set to have lower tariffs in July include printers, audio recorder parts and pacemakers. Last week, China issued a list of US chemicals that will be exempted from import tariffs, including certain types of industrial glue and adhe­sives, industrial polymers and types of paraffin, which can be found in cosmetics and food.

Source: Manila Bulletin December 23, 2019 05:15 UTC