Reuters: Chinese military exercises affected trade relations between China and the United States

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The US government postponed the change in tariffs on goods from China due to exercises near Taiwan

The US authorities have temporarily postponed the decision on the issue of customs duties on Chinese goods due to military exercises of the PRC near Taiwan. The agency reported Reuters with reference to sources.

Reuters: Chinese military exercises affected trade relations between China and the United States

According to the publication, high-ranking US officials have been struggling with the issue of adjusting duties on goods from China for several months. The current rules have been in place since the days of the previous US President Donald Trump.

The current US government has been exploring the option of abolishing some of the tariffs. In addition, a list of certain exemptions for US companies “that can only receive certain supplies from China” was considered.

However, the reaction of the Chinese authorities to the visit of the Speaker of the US House of Representatives Nancy Pelosi to Taiwan led to changes in the US document flow. Reuters employees noted that some US officials are striving to neutralize any negative reaction from China and do not want an escalation of the conflict with this country. At the same time, they are trying to implement their plans in such a way that they are not “considered retreating in the face of the aggression of a communist country.”

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