China Quietly Eases Tariffs on US Semiconductors Amid Trade War
China has rolled back some retaliatory tariffs on US semiconductors, amid ongoing tensions with the US over trade.

China says there are no negotiations with the US over tariffs

Associated Press
Summary
In a surprising move, China has quietly exempted certain US semiconductors from its 125% retaliatory tariff, revealing this information through import agencies in Shenzhen While President Trump claimed ongoing trade talks, China denied such discussions and reiterated its demand that the U.S. cancels unilateral tariffs before negotiations can begin. These semiconductor exemptions indicate China's struggles in its tech sector during the trade war, as it relies heavily on US imports. Despite these concessions, Beijing remains firm in its stance, highlighting the complexities and ongoing concerns about the trade conflict impacting the global economy.
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