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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129 Articles
News24 Business | China exempts some goods from US tariffs to limit trade war pain
China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need levy-free, according to businesses notified, in the clearest sign yet of Beijing's concerns about the trade war's economic
China drops tariffs on US semiconductors, weighs more exemptions as countries attempt to navigate trade war: reports
China has quietly exempted some semiconductors from tariffs, and is considering more exclusions for certain US industries, as the world’s two largest economies attempt to navigate a trade war with potentially devastating effects, according to reports.
China waives tariffs on some U.S. goods, but denies Trump’s claim that talks are underway
China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need levy-free, according to businesses that have been notified, in the clearest sign yet of Beijing’s concerns about the trade war’s fallout.
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