China Eases Tariffs Amid Rising Trade Tensions Fox News 24-7

China Eases Tariffs Amid Rising Trade Tensions Fox News 24-7
Recently, China decided to ease tariffs on certain U.S. goods, signaling a possible change in how they’re handling the trade war with the Trump administration. This move seems designed to lessen the negative effects on China’s own economy while still trying to show strength during negotiations. China removed extra tariffs on some American products, including U.S.-made semiconductors. Previously, these goods faced extremely high tariffs (about 125%), but now the extra taxes are dropped to zero. China is also thinking about lifting tariffs on other products like medical equipment, certain chemicals, and aircraft leasing — industries important to both countries. While President Trump said that new negotiations were happening, Chinese officials publicly denied this, creating confusion in the global markets and raising uncertainty about the next steps. The trade war has already had major effects on global supply chains. Imports from China into the U.S. have fallen sharply, retailers are warning of possible shortages and higher prices (especially with the holidays approaching), and American farmers continue to suffer from lost sales to China. Meanwhile, no new financial help has been announced for struggling farmers. According to experts like Gordon Chang, China's recent steps suggest they are under economic pressure and may be trying to quietly ease the situation without openly admitting defeat. Chang sees these tariff cuts as a sign that China’s economy is feeling the heat from the ongoing dispute.

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