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(IDEX Online) – China will be slashing import taxes on jewelry, as part of tariff reductions on a wide range of consumer goods, as of July 1.
The Customs Tariff Commission of the State Council in China issued the “Notice on Reducing the Import Tariffs of Daily Consumer Goods” last week. According to the notice, China will cut Most Favored Nation (MFN) tariffs for daily consumer goods involving 1,449 tax items starting July 1.
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