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Anonymous Coward
4/30/2025 3:32 pm GMT

China Backs Down: Drops 125% Tariff On Major U.S. Exports After White House Calls Beijing’s Strategy ‘Unsustainable’

A major shift in the ongoing U.S.-China trade conflict unfolded Tuesday as Beijing waived a steep 125% tariff on ethane imports from the United States, according to Reuters. The move follows predictions from the White House that China's retaliatory duties were economically unsustainable.

https://lightwavereports.com/china-backs-down-drops-125-tariff-on-major-u-s-exports-after-white-house-calls-beijing-s-strategy-unsustainable

Anonymous Coward
4/30/2025 3:38 pm GMT

RE: China Backs Down: Drops 125% Tariff On Major U.S. Exports After White House Calls Beijing’s Strategy ‘Unsustainable’

"China Is Also Lifting Tariffs on Other Key Products
The exemption on ethane follows other recent waivers issued by China on high-demand items like pharmaceuticals, aircraft engines, and microchips. These moves suggest Beijing is recalibrating its strategy in response to economic pressure and supply chain dependencies. "

Anonymous Coward
4/30/2025 3:50 pm GMT

RE: China Backs Down: Drops 125% Tariff On Major U.S. Exports After White House Calls Beijing’s Strategy ‘Unsustainable’

another source

https://www.reuters.com/business/energy/china-waives-tariffs-us-ethane-imports-sources-say-2025-04-29/

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