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ݐThe Trump administration has granted exclusions from import tariffs for more than 100 medical items imported from China, including face masks, examination gloves and sanitizing wipes.
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ݐMany of the exclusion requests for medical products appear to have been expedited amid the rapidly spreading coronavirus outbreak, with approvals granted just over one month past a Jan. 31 application deadline.
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ݐRequests to exclude other products from President Donald Trumps Section 301 tariffs on Chinese goods have taken months. Apple Incs (AAPL.O) requests for exclusions on products from AirPod headphones to the HomePod smart speaker filed on Oct. 31 are still pending.
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ݐThe exclusions on Thursday were the first to be granted under the $120 billion fourth tranche of tariffs, which affects $120 billion in Chinese goods.
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ݐ"To ensure that the United States is prepared to contain and combat the spread of this outbreak, it is crucial that there is a robust supply of critical medical products," Republican Senator Cory Gardner wrote in a letter to the USTR last week.
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ݐ"We must be prepared for increased medical supply demand in the United States, and to that end, I request that USTR eliminate these harmful tariffs on certain medical products and remove barriers to importation."
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ݐThe risks to health care and public health from tariffs outweigh any benefit to trade or economics, he said.
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ݐHand sanitiser and respiratory masks were in some cases being sold on the site on Monday at a more than 2,000 percent mark-up, compared to normal retail prices
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ݐAmong the many examples still available at the time of writing, a pack of 20 masks made by manufacturer 3M, but sold by an unauthorised reseller, was on sale at $387, compared to a normal retail price of around $14.99. A pack of 24 2oz bottles of Purell hand sanitiser, typically sold for less than $10 a box, was listed at $400.
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