China will extend tariff exemptions on 65 imported products from the United States. Hardwood lumber and logs made the list.
China’s Ministry of Finance announced the decision Friday. The new extension goes until September 16, 2021.
“Apparently, U.S. hardwood logs and lumber were the only agricultural products included in the extension,” writes the National Hardwood Lumber Association in a note to its members. “The American Hardwood Export Council is working with the Embassy to clarify all HS codes involved, but they believe it includes most, if not all species, that were originally hit with tariffs.”