China has begun exempting certain U.S.-made goods from its 125% tariff, according to multiple reports.
A Wall Street Journal report on Saturday detailed the move from Chinese officials to exempt U.S.-made semiconductors, chipmaking equipment, medical products, and aviation parts from the steep tariff it levied after President Donald Trump imposed a 145% tariff on the country. China made the exemptions after realizing it would not be able to import the goods from elsewhere.
When the trade spat with Trump escalated in early April following the U.S. president’s “Liberation Day” announcement, China began preparing a list of U.S. imports it was planning on exempting from the tariff. Besides crucial semiconductors and chipmaking equipment, that list includes industrial chemicals such as quartz and ethane, lithography machines, helicopters, and
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