The Office of the United States Trade Representative announced a notice regarding changes to specific product exclusions from tariffs on Chinese goods. These tariffs, initially imposed in September 2018, were part of a larger action due to issues with China's policies on technology and intellectual property. The notice outlines technical amendments to certain product exclusions and their extensions that impact goods imported during specific periods between 2018 and 2020. The amendments involve modifications in the product classification terms related to zinc oxide in the Harmonized Tariff Schedule of the United States.
Simple Explanation
The U.S. Trade Office said they are changing some rules about which items from China have to pay extra taxes when brought into the country. They made these changes because of disagreements over how China handles technology and smart ideas.