Textron Gets Respite from Trade War Tariffs, Still Cutting Imports from China — Panjiva
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Textron Gets Respite from Trade War Tariffs, Still Cutting Imports from China

China 2973 Cons. Discr. - Autos 1181 Industrials - Capital Goods 583 Tariffs 1795 U.S. 5319

The U.S. government has released a sixth round of exemptions from “list 3” tariffs on Chinese imports that were applied in Sept. 2018 and increased to 25% in May 2019. The phase 1 trade deal between the two countries will leave the list 3 tariffs in place. So far only 5.8% of list 3 applications have been approved versus 33.8% for list 1 and 37.4% for list 2. List 3 includes consumer as well as supply chain products and 82.3% of requests are still outstanding. The latest approval round included 75 requests, of which 20 related to auto parts including those imported by all-terrain vehicle...

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