Thousands of companies are asking for tariff exclusions even as US and China push to sign trade deal

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Thousands of companies are asking for tariff exclusions even as US and China push to sign trade deal
Belgique Dernières Nouvelles,Belgique Actualités

The overwhelming majority these requests, about 28,000, are under review as of Nov. 1. About 4,900 requests have been granted, while about 10,970 have been denied.

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and an announcement would be made soon. Bloomberg reported Thursday that Chinese officials are skeptical a comprehensive deal can be reached with the Trump administration, even as the two sides prepare to sign phase one.

Jeremy Page, a trade lawyer with the firm PageFura who has worked with dozens of companies on exclusion requests, said he's found the USTR process has generally been fair. McAllister said the main challenge companies face is demonstrating that they can only source their product in China. It's also important for companies to file applications that resonate with the administration's "America First" agenda by explaining why their business and their exclusion request is good for the U.S. economy, he said.

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There is no trade deal.

especially PekingCook ?

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