China Lifts Tariffs on Some US Semiconductors

China has quietly removed its 125% retaliatory tariffs on at least eight categories of U.S. semiconductors and integrated circuits, excluding memory chips, a change confirmed by multiple import agencies and industry sources. Companies that paid tariffs on these products between April 10 and 24 are reportedly eligible for refunds. Chinese authorities have not officially announced the exemptions, which were discovered during routine customs procedures. Officials in China are considering extending tariff exemptions to items such as medical equipment, ethane, and aircraft leasing. Both U.S. and Chinese governments deny that substantive trade talks are underway, with China insisting the U.S. remove all unilateral tariffs before negotiations can proceed. The rollback highlights China's reliance on specific U.S. technologies amid unresolved trade tensions.