The China Customs Tariff Commission issued a notice on 6 February 2020 stating that China will halve the additional tariffs on US$75 billion worth of some US products as of 14 February 2020 in a bid to promote the stable development of China-US economic and trade relations.  This decision will halve the 10% and 5% rates on a list of US products that were subject to additional tariffs from 1 September 2019.  The tariffs for 270 items listed in the first section and 646 items in the second section of Annex 1 to the ...