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China: Import tariffs on spare parts to be lowered
China announced on Monday tariff adjustments for some products beginning next year, including lowering the import duties on resource-based commodities such as recycled black powder for lithium-ion batteries. The country will also lower levies on medical products including artificial blood vessels and diagnostic kits for certain infectious disease, according to a statement by the Customs Tariff Commission of the State Council. For 925 products, the provisional import tariff rates levied on them will be lower than the most-favoured-nation rates applied to all World Trade Organization member states, it added. ... (full story)
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- Dec 29, 2025 7:49am Posted byFundamental Analysis32,528
