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Experts applaud Washington's tariff exclusions

Experts applaud Washington's tariff exclusions



The US decision to reinstate certain "Section 301" tariff exclusions for Chinese product categories sends a positive signal for benign interactions in bilateral economic and trade relations, which will help stabilize expectations for global supply and industrial chains, experts said on Monday.


They said reinstating tariff exclusions on Chinese goods will help the US deal with rising inflationary pressure, reduce costs within global supply chains and benefit enterprises and consumers from both sides.