China welcomes partial U.S. tariff rollback however calls it solely a 'small step'
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China’s Ministry of Commerce responded on Sunday to the Trump administration’s transfer to exempt sure high-tech merchandise—akin to smartphones and computer systems—from steep reciprocal tariffs, calling it a restricted however optimistic gesture.
The ministry mentioned the exemption “represents a small step by the U.S. in correcting its misguided unilateral strategy,” referring to President Trump’s earlier imposition of tariffs as excessive as 145% on Chinese language items.
Beijing’s remarks counsel that whereas it acknowledges the transfer, it views the rollback as inadequate in addressing broader commerce tensions.
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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