China Lifts Tariffs On A Short List Of U.S. Goods

China is lifting import tariffs on over a dozen US products, including pesticides and cancer drugs, effective September 17th for one year. Importers can apply for refunds on tariffs already imposed on some products. An analyst suggests this move supports China's economy rather than being a gesture towards the US. The US and China have been in a trade dispute, imposing tariffs on each other's goods. Despite ongoing negotiations, a resolution is uncertain. President Trump plans to increase tariffs on $250 billion of Chinese goods from 25% to 30% on October 1st.

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