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China exempts some US goods from 125% tariffs

  • China has quietly rolled back 125% tariffs on some US semiconductors and aircraft parts, according to import agencies in Shenzhen.
  • Customs data show China imported $11.7 billion worth of semiconductors from the US last year, highlighting their importance.
  • The Chinese government is collecting lists of goods eligible for exemption from US tariffs, reflecting concerns over economic impacts from the trade war.
  • Experts suggest these exemptions may indicate China's lack of autonomy in chip production.
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Forbes broke the news in United States on Friday, April 25, 2025.
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