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China exempts some US goods from 125% tariffs

  • China has exempted some U.S. Semiconductors from its 125% tariffs, as reported by three import agencies in Shenzhen.
  • The exemptions cover various integrated circuits that are crucial for technology and were not officially announced until Thursday.
  • Duncan Clark noted these exemptions indicate China does not have complete autonomy in chip production.
  • Beijing is reportedly seeking lists from businesses to identify more goods eligible for tariff exemptions, highlighting concerns over economic impacts from the ongoing trade war with the U.S., according to a source.
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Forbes broke the news in United States on Friday, April 25, 2025.
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