US moves to curb 'trade loophole' over China worries as sharp tariff hikes finalized
Washington (AFP) Sept 13, 2024
The US government said Friday it will work to curb the "overuse and abuse" of a mechanism allowing lower-value imports to enter the country duty-free, as concerns grow over Chinese shipments. Under a new regulatory effort, US officials will be seeking to disqualify certain products from this trade exemption - a move that could impact Chinese textile and apparel imports. While roughly 14
The US government said Friday it will work to curb the "overuse and abuse" of a mechanism allowing lower-value imports to enter the country duty-free, as concerns grow over Chinese shipments. Under a new regulatory effort, US officials will be seeking to disqualify certain products from this trade exemption - a move that could impact Chinese textile and apparel imports. While roughly 14