China to Increase Export Tax Rebates on 397 Products to Offset Impact of US Tariffs

A Chinese worker looks on as a cargo ship is loaded at a port in Qingdao, Shandong Province, China on July 13, 2017.STR/AFP/Getty Images

BEIJING––China said on Sept. 7 it will increase export tax rebates for 397 items ranging from some steel products to electronic ones, in a bid to offset the economic impact of U.S. tariffs amid the trade war between both countries.

The move comes as word is widely awaited on whether U.S. President Donald Trump will impose tariffs on another $200 billion of imports from China. A public consultation period in Washington on the proposal has just ended.