Brief by Shorts91 Newsdesk / 01:28pm on 13 Apr 2025,Sunday International
China on Sunday urged the US to “completely cancel” its 145% reciprocal tariffs after Washington announced limited exemptions for smartphones, laptops, and chipmaking tools. Beijing’s demand followed the enforcement of its own 125% retaliatory tariffs on US goods, escalating trade tensions. China’s commerce ministry called the US move a “small step” and urged a return to “mutual respect.” Tech giants like Apple, Nvidia, and Dell are expected to benefit from US exemptions. Most Chinese goods, however, remain under steep levies after being excluded from a 90-day reprieve. The trade standoff shows no signs of easing as both nations hold firm.
