China has begun to notify companies on a way that some of its products in the United States will be exempted from the 125 % retaliatory definitions, which aim to protect manufacturers from the consequences of trade conflict with Washington, according to sources familiar with the matter.
According to the exclusive Reuters on Wednesday, the Chinese authorities did not publicly announce exemptions. Beijing appears to want to reduce the country’s economic pressure without showing that before the defeat of the American definitions.
Two people who have direct knowledge of the situation said that the list of products exempt from customs tariffs is especially connected to companies. Many of these companies rely on American technologies and previously pressed on relief.
Medicines, chips and aircraft engines are already exempt
Before April 27, China has already granted general introductory exemptions on a limited set of imports, including drugs, fine chips, and aircraft engines. However, the unpublished “white menu” has not been reported to American commodities that qualify for exemptions so far.
one source The work of a pharmaceutical company that imports the drugs that the United States said that the Shanghai Bodong government contacted them on Monday about the new list. The source claimed that the company, which was pushed for a re -postponement, is highly dependent on American technology.
“We still have many technologies that we need from the United StatesThe person said.
Another individual said that some companies have been instructed to reach the authorities and ask whether their imported goods are eligible to obtain a tariff.
For every April 25 a report from Wall Street JournalWho cited the update of financial news from the Chinese port CaijingChina has dropped the definitions of at least eight categories of American conductors.
The article was later removed, but the importers confirmed the changes on WSJ. SHENZHEN company has included new exemptions on the Chinese social platform WeChat, including clips of a customs database that displays tariff prices, zero on a specified. US chip Imports.
Do the United States and China negotiate?
The scenes behind the scenes from Beijing and Washington may mean that the capitals have started negotiations or will be done soon. In mid -April, China insisted that it will fight to the end unless the United States returns 145 % tariff rates.
Just weeks later, US President Donald Trump said he was considering reducing rates “greatly”, but not completely.
President Trump, who is speaking on Tuesday, said he believed that a commercial agreement with China was possible but insisted that it should be fair. However, Beijing did not mention or hint that he would return to the high customs tariffs. The Chinese government was mostly “challenge” and refuted Reports Any official talks are ongoing.
“It is easy to win “commercial wars”. It turns out … when both countries depend on each other, the real war revolves around who can retreat more elegant” He said One user on X.
In the southeastern city of Ximen, government officials distributed investigative studies to companies in the textile sectors and semiconductors. I asked for surveys about products circulating with the United States and requested estimates on how to affect the definitions of commercial operations.
The targeted relief instead of concessions
Chinese social media and industry experts say China chooses the targeted relief for its manufacturers, not overwhelming exemptions. However, the concentration of commercial tax concessions on goods “that are indispensable” used for technological and medical purposes.
According to Nick Maru, the main economist of Asia in the Economic Intelligence Unit, China needs to protect its economic interests rather than any willingness to conclude a deal in the short term.
“The high customs tariffs on these goods will be shown in China’s technology industryMaru said.These sculptures are necessary evil“
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