
China Eases Tariffs on US Chips
China has reportedly withdrawn certain retaliatory tariffs on semiconductors produced in the United States, according to information from three import agencies based in Shenzhen. These agencies indicated they were notified of the exemptions late Thursday. However, there has been no official announcement confirming the decision.
When approached for comment, China's General Administration of Customs as well as the customs offices in Shenzhen and Zongshan stated that they were unaware of any such tariff removals. The situation remains fluid as no formal communication has been issued through official channels.
Meanwhile, United States President Donald Trump recently remarked that discussions between Washington and Beijing regarding trade policies are ongoing. The easing of tariffs, if confirmed, could mark a tentative step toward improving strained US-China trade relations amid broader economic negotiations.
The potential rollback on semiconductor tariffs would be significant for both economies, particularly given the strategic importance of the tech sector. Observers are closely watching for any official clarification from Beijing that could signal a shift in the ongoing trade dynamics.