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Chinese pharmaceuticals will not be subject to tariffs, US Trade Representative says

The Office of the United States Trade Representative (USTR) has said pharmaceuticals will not be subject to potential US tariffs on Chinese imports.

A list of products subject to possible US tariffs will include laptops and mobile phones imported from China but will not include pharmaceuticals or rare earth materials, the USTR office said.

In total 3,805 product categories could be subject to tariffs of up to 25%. The US tariffs could affect around $300 billion worth of Chinese imports. A public hearing will be held on the matter on June 17.

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