SAIC may secure China supplies as U.S. tariff leniency is extended — Panjiva
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SAIC may secure China supplies as U.S. tariff leniency is extended

China 3063 Cons. Discr. - Autos 1255 Industrials - Capital Goods 625 Tariffs 1878 U.S. 5418

The U.S. Trade Representative has been extending exemptions from tariffs on imports from China that were applied in July 2018. The consultation process has had little feedback so far. That’s likely because companies are focusing on tackling coronavirus and not technical tariff issues. Companies that have received tariff exemptions have followed different strategies in adjusting their imports from China. SAIC’s Yanfeng Automotive received a 100% approval for exemptions on 68 products, after which U.S. seaborne imports linked to the firm climbed 88.3% year over year in the t...

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