Author Topic: China Quietly Caves To Trump, Exempts Tariffs  (Read 51 times)

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Offline 240B

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China Quietly Caves To Trump, Exempts Tariffs
« on: May 02, 2025, 01:06:54 pm »

China Quietly Caves To Trump, Exempts Tariffs

Trending Politics News
By Mark Steffen
May 2, 2025

Tariff talks between U.S. and Chinese officials are underway, but already concessions by China are being made, either as a sign of good faith or a tacit acknowledgement that the Trump administration has the communist country over a barrel.

Approximately one-quarter of all U.S. imports to China have been quietly exempted from 125% tariffs, representing $40 billion in American-made goods that will now reach Chinese consumers without the sky-high surtax, according to the latest reports. The move comes as Beijing attempts to soften the blow to its own economy amid an across-the-board 145% tariff rate implemented on Chinese imports by President Donald Trump.

Some of the exempted items include pharmaceutical goods and industrial chemicals.

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https://trendingpoliticsnews.com/new-china-quietly-caves-to-trump-exempts-tariffs-mstef/
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