China, according to Reuters and Financial Times reporting on April 25, is not uniformly imposing its new 125% across-the-board tariff on American goods. In short, certain imports from the U.S. are in fact coming in tariff-free. Beijing’s new policy has not been announced and is not official.
“Companies in sectors including aviation and industrial chemicals said that some of their products had already been granted a reprieve, while local media reported that some semiconductors had been spared tariffs,” the Financial Times noted.
American Chamber of Commerce in China President Michael Hart told Reuters that some pharmaceutical company members of his organization had said they were now able to import products tariff-free.
