Importers can apply for tariff exemptions starting March 2
source: S&P Global Platss
China will offer tariff exemptions of nearly 700 types of goods from the US, including fuel ethanol, the Chinese government announced Tuesday, but traders are currently uncertain about its impact on future imports, reportsS&P Global Platts.
Importers can apply for tariff exemptions starting March 2, according to a statement released by the Customs Tariff Commission of the State Council.
The exemptions would be for a year with each application would need to undergo an approval process.
US Corn Price Idx:ZCPAUS.CM
open: 7.4421
high: 7.6444
low: 7.4346
close: 7.542
US Soybean Price Idx:ZSPAUS.CM
open: 15.4141
high: 15.6298
low: 15.3573
close: 15.5279
US Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 9.6294
high: 9.7673
low: 9.465
close: 9.4735
US Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 8.9846
high: 8.9946
low: 8.6368
close: 8.6608
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