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News in English (USA) / 25.04.2025 / 11:00

China Considers Exemptions from US Tariffs Amid Trade War Tensions

In a significant development amidst rising trade tensions, China is reportedly considering granting exemptions on certain US imports, particularly targeting items such as semiconductors and key raw materials. As various industries grapple with the implications of the ongoing trade war, this move could signal a thawing of relations between the two economic giants. Reports indicate that China may roll back retaliatory tariffs, especially on US-made semiconductors, and is contemplating easing the current 125% tariff on select goods. These potential exemptions come at a critical time as economic pressures grow, prompting calls for tariff relief from businesses and trade organizations. The news has resulted in fluctuations in markets, reflecting renewed hope for a resolution to the trade conflict.
Reuters, Financial Times, Bloomberg.com, CNN, Newsweek, Forbes, Times of India, South China Morning Post, The Guardian, U.S. News & World Report