Hello and welcome to the details of China calls on US to ‘completely cancel’ reciprocal tariffs and now with the details
Nevin Al Sukari - Sana'a - Most Chinese goods still face a blanket 145 per cent levy after the country was excluded from a 90-day tariff reprieve. — AFP pic
BEIJING, April 13 — China today called on the United States to “completely cancel” its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment.
“We urge the US to... take a big step to correct its mistakes, completely cancel the wrong practice of ‘reciprocal tariffs’ and return to the right path of mutual respect”, a commerce ministry spokesperson said in a statement.
A notice late Friday by the US Customs and Border Protection office said smartphones, laptops, memory chips and other products would be excluded from the global levies President Donald Trump rolled out this month.
Beijing’s commerce ministry said the exemptions were a “small step” by Washington and China was “evaluating the impact” of the decision.
It came as retaliatory Chinese import tariffs of 125 per cent on US goods took effect yesterday, with Beijing standing defiant against its biggest trade partner.
The exemptions will benefit US tech companies like Nvidia and Dell, as well as Apple, which makes iPhones and other premium products in China.
Most Chinese goods still face a blanket 145 per cent levy after the country was excluded from a 90-day tariff reprieve. — AFP
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