China Prepares Tariff Exemptions for Key U.S. Imports Amid Trade Tensions

Following heightened trade tensions with the U.S. in early April, China has reportedly compiled a list of U.S. imports it plans to exempt from tariffs. These include critical items such as semiconductors, chipmaking equipment, industrial chemicals like quartz and ethane, lithography machines, helicopters, and vaccines. Sources familiar with the matter indicate that China has refrained from publicly disclosing these exemptions due to concerns about exposing economic vulnerabilities. Despite President Trump’s claims of multiple conversations with Chinese President Xi Jinping, no substantial details have emerged regarding trade discussions between the two nations. Trump expressed optimism about potential deals, including tariff agreements, stating, “I think the tariff plan is going very well.” Meanwhile, Chinese officials deny any ongoing trade talks with Washington.
— new from Washington Examiner

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