00:00China is rolling out a set of tariff changes to take effect on January 1, 2026.
00:06Now, Beijing says it will cut import duties on a range of products with focus on resource-based commodities.
00:15This include recycled black powder used in the production of lithium-ion batteries,
00:20a move aimed at boosting access to key industrial materials.
00:24Tariffs will also come down on certain medical products,
00:27like artificial blood vessels and diagnostic kits for specific infectious diseases.
00:33Beijing says the changes are meant to support healthcare supply chains
00:36and make essential medical equipment more stable and accessible.
00:41On top of that, China will apply provisional import tariff rates on 925 products.
00:46These rates will be set below the most favoured nation levels
00:50that currently apply to all members of the World Trade Organization.
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