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The Chinese government announced that effective Wednesday, November 13, 2008, it will raise export tariff rebates on more than 3,700 items and make adjustments to export tariffs levied on other items starting December 1.
China will remove export tariffs on some steel, chemical and grain products, lower export duties on some fertilizer products and begin to impose or increase export tariffs on other items. Natural minerals are among the items listed with adjustments to export tariffs, and export tariff of 15% will be levied on brown aluminum oxide.
