China Taps Out, Exempts 19 Key US Goods From Tariffs
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Amidst tariffs, many goods are increasing significantly in price. But there are talks of some goods being exempted from these steep tariffs. This is a surprising move as China has been charging high tariffs as part of a trade fight with the U.S. These tax exemptions could ensure that important sectors in China get the things that they really need without having to cripple their finances as a result. Here are nine key types of U.S. products that will be safe from the retaliatory 125% tariffs. The exemptions show us that the United States and China still depend on each other for certain resources.
