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China considering exempting some US products from tariffs: Reports

  • China is considering exempting certain U.S. Products from its 125% retaliatory tariffs imposed since April 2024 amid ongoing trade tensions.
  • The exemptions respond to the steep tariffs Beijing imposed as retaliation against Washington's levies and recent concerns about economic impacts.
  • Reports indicate exemptions could include semiconductor-related items except memory chips, with companies allowed to request refunds for duties paid in mid-April.
  • Chen Shaoling, supply chain manager, explained tariffs on eight types of integrated circuits dropped to zero recently, benefiting American chipmakers like Intel and Texas Instruments.
  • This move suggests a potential easing of U.S.-China trade tensions and underscores China’s reliance on U.S. Technology amid industry pressure and supply chain concerns.
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Forbes broke the news in United States on Friday, April 25, 2025.
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