China has opted to exempt certain U.S.-made semiconductors from high tariffs to protect its technology sector amid escalating trade tensions with President Trump. This decision comes as Beijing faces a 125 percent retaliatory tariff on other U.S. goods, with reports confirming at least eight classifications of microchips now having a zero percent tariff rate. Despite Trump's claims of negotiation, Chinese officials denied any talks are happening, displaying the complexities and ongoing strife in U.S.-China trade relations as both nations grapple with potential economic implications.
Trump's claims of ongoing negotiations to reduce triple-digit tariffs were labeled "fake news" by Chinese officials, showcasing the tension in US-China trade relations.
Certain semiconductors made in the U.S. have been exempted from Beijing's tariffs, indicating China's attempt to shield its tech firms amid trade frictions.
Collection
[
|
...
]