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World Print 2020-02-19

China to waive tariffs on US medical imports

China will waive trade-war tariffs on imports of selected US medical equipment from March 2, the government said Tuesday, as the country battles to contain the new coronavirus epidemic. The move comes as doctors and nurses treating virus patients in China
Published 19 Feb, 2020 12:00am

China will waive trade-war tariffs on imports of selected US medical equipment from March 2, the government said Tuesday, as the country battles to contain the new coronavirus epidemic. The move comes as doctors and nurses treating virus patients in China's overstretched hospitals struggle to deal with the health crisis amid a shortage of basic medical items.

More than 72,000 people have been infected by the outbreak of the new COVID-19 strain in China, which has claimed the lives of over 1,800 people.

Patient monitors, blood transfusion equipment and instruments to measure blood pressure are among the products that qualify for the exemptions, according to a list released by the Tariff Commission of the State Council.

They are among 696 US products that now qualify for waivers, including key agricultural and energy items such as frozen pork and beef, soybeans and liquified natural gas.

Other products include some types of wheat, corn and sorghum, certain metals such as copper and lead ore, as well as diesel and other fuel oils.

The commission said the latest move was "to better meet the growing needs of Chinese consumers" and that it would accept applications for exemptions from firms in China.

The tariff waivers will apply for a designated period, supporting firms that want to import from the US based on "business considerations", said authorities.

China's latest waivers are among the most substantial in the trade war.

Copyright Agence France-Presse, 2020

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