China exempts some US-made goods from steep tariff

China has begun exempting certain U.S.-made goods from its 125% tariff, according to multiple reports.

A Wall Street Journal report on Saturday detailed the move from Chinese officials to exempt U.S.-made semiconductors, chipmaking equipment, medical products, and aviation parts from the steep tariff it levied after President Donald Trump imposed a 145% tariff on the country. China made the exemptions after realizing it would not be able to import the goods from elsewhere.