China weighs exempting some goods from US tariffs as economic fallout is felt

It is reported that China weighs excluding some America import From 125% tariffs, as the economic downturn in the ongoing trade war with Washington becomes more obvious.

For Reuters Report, a Ministry of Commerce TaskForce collects items lists that can get rid of tariffs and companies are asked to submit their own claims.

Financial News Magazine Caijing reported on Friday that Beijing was going to include eight semiconductor-related items but not memory chips.

The list of more than 130 categories of the competent products from the vaccines and chemicals to jet engines, on Friday, was widely circulated among business and trade groups.

Beijing says China does not negotiate with us on a trade war

Ganring Cranes is located near the cargo containers in the port of Janshana, China in Shanghai, 2025. April 15. (Reuters / Go Nakamura / Reuters)

Although the scope of possible privileges remains unknown, Huatai securities analyzed the list circulating in the trade groups and said that last year’s imports worth $ 45 billion.

President Donald Trump has expressed optimism about the possible trade deal with China. (Photo: Brandon Bell / Getty Images / Getty Images)

Washington said that the current status quo is economically imperceptible and has already offered tariff benefits to some electronic products. But Beijing had a more difficult position, saying that it was ready to fight until the end, until the United States raises its tariffs.

Exceptions are a larger gesture of support, although letting some resumes resume, they also reduce the pain of the US economy and put some pressure in the White House.

Image picture. (Reuters / Reuters)

The trading war between the two world superpowers comes due to weak demand in China, where consumer’s expenses and mood have never been properly restored from the epidemic level.

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The government causes tariff exporters to generate local markets, but companies say that profits are lower, less reliable.

Reuters contributed to this report.