Companies in Shenzhen report exemption for electronic components, while Chinese government denies negotiation with Washington
China reversed some of the 125% imposed tariffs on United States products on Friday (25.br.2025). The information was released by CNN Internationalwho had access to details provided by import companies located at the Shenzhen technology hub in southern China.
The exemption applies to integrated circuit materials, case of microchips and semiconductors. There have been no official demonstrations from the Chinese government or the US government.
“Great news! We received a new warning from China’s customs, informing that eight tariff codes related to integrated semiconductors/circuits are now exempt from additional US import tariffs. This means that imports from the United States under these codes will have their rates reduced to zero at entrance to China”Said Shenzhen Hjet Supply Chain in a social media publication on Wednesday (23.abr).
Chinese business magazine Caijing released the exemption of tariffs on Friday (25.abr), citing semiconductor import companies. The publication, however, was erased hours later.
The 125% tariffs on US products were by the Chinese government on April 11 in response to the decision of US President Donald Trump (Donald Trump) in.
In a statement, President XI Jinping of the PCP (Communist Party of China), that his country “You are not afraid of any unfair repression”In relation to Trump’s rates imposed on Chinese imports.
“There are no winners in a trade war and going against the world will only lead to self -assurance”Xi told the Prime Minister of Spain, Pedro Sánchez (PSOE), in Beijing. The speech was transmitted by the state station CCTV and replicated by CNN International.
Beijing denies reducing tariffs
The China Ministry of Foreign Affairs accused the United States of “fool the public”Regarding the trade war and denied information that countries would be negotiating to reduce tariffs.
“The United States and China did not get involved in consultations or conversations about the tariff issue”Said Guo Jiakun, spokesman for the ministry, quoted by Reutersthis Friday (25.abr).
Guo said he did not yet recognize any type of plan to reduce or cut rates on specific products from the United States. Trump, on the other hand, said on Thursday (24.abr) that the conversations would be at an early stage.
“They had a meeting in the morning [de 5ª feira]. It doesn’t matter who ‘they’ are. We may reveal later, but they had meetings in the morning and we were meeting with China”Said the Republican, without revealing who would have participated in the meetings.
