[Salon] China said to waive retaliatory tariffs on some US chip imports in sign of trade war thaw




China said to waive retaliatory tariffs on some US chip imports in sign of trade war thaw

25 Apr 2025
China has reportedly waived retaliatory tariffs on some US chip imports. Photo: Reuters

China has waived its retaliatory 125 per cent tariffs on certain semiconductor imports from the US, according to a Caijing report

China has waived its retaliatory 125 per cent tariffs on certain semiconductorimports from the US, according to a report from Chinese business magazine Caijing on Friday, citing industry sources.

The report said at least eight integrated circuit (IC)-related tariff codes were exempted from levies imposed earlier this month in response to US President Donald Trump’s tariffs on Chinese products. However, China has maintained tariffs on memory chips.

China’s customs authorities also informed domestic companies on Thursday that any duties paid for these exempted semiconductor imports from April 10 to 24 would be eligible for refunds, according to the report.



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