In a strategic shift, China is reportedly considering granting tariff exemptions on certain U.S. imports in response to mounting economic pressure stemming from the ongoing trade war with the United States. According to a source familiar with the matter, China’s Ministry of Commerce has formed a dedicated task force to assess which products might qualify for relief from the country’s current 125% tariff rate.
The task force is actively soliciting input from domestic companies, inviting them to submit lists of goods they believe should be exempted. This marks a notable development in Beijing’s trade policy, reflecting growing concerns over the long-term economic consequences of the tariffs.
Industry insiders view the initiative as an attempt by China to stabilize key markets, reduce input costs for manufacturers, and support overall economic resilience. Although no official exemption list has been released, the move is widely interpreted as a gesture toward easing tensions and protecting China’s economic interests.
Further updates are expected as the Ministry of Commerce completes its evaluation and consults with stakeholders across industries.
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