China quietly exempts some U.S.-made semiconductors from tariffs
China has quietly exempted from tariffs some semiconductors made in the United States, in an attempt to protect its leading technology companies from a bitter trade showdown with President Donald Trump.
Levies on at least eight classifications of U.S.-made microchips have been dropped to zero, instead of the 125 percent retaliatory tariff rate Beijing has imposed on all other U.S. goods, Caijing, a Chinese financial media outlet, reported Friday.
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