Beijing, April 25 -- China is weighing partial tariff relief for American imports, signalling a potential softening in its approach to the ongoing trade war with the United States.
According to a source cited by Bloomberg, the Ministry of Commerce has set up a task force to consult businesses and identify US goods that may be exempted from the current 125% retaliatory tariffs.
Financial publication Caijing reported that eight semiconductor-related items-excluding memory chips-are under consideration.
Meanwhile, a list of 131 product categories, including vaccines, chemicals, and jet engines, is circulating in business circles and on Chinese social media, fuelling speculation. Reuters noted it has not independently verified this list.
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