Introduction
As global trade faces turbulence in 2025, China has called on the United States to “completely cancel” its reciprocal tariffs, escalating tensions between the world’s two largest economies. The US-China trade war, reignited by President Donald Trump’s sweeping tariff policies, has disrupted markets and drawn scrutiny from nations worldwide. This article examines China’s response, recent US exemptions, and the broader implications for global commerce.
China’s Call to End Tariffs
On April 13, 2025, China’s commerce ministry urged the US to reverse its “wrong practice” of imposing reciprocal tariffs, advocating for a return to “mutual respect.” The statement followed Washington’s decision to escalate duties on Chinese goods to 145%, prompting Beijing to retaliate with 125% tariffs on US imports, effective April 12. The ministry criticized the US approach as disruptive to the global economic order, with Commerce Minister Wang Wentao warning of harm to developing nations (China Commerce Ministry).
US Exemptions Dial Back Pressure
After global markets plummeted, Trump announced a 90-day tariff delay for most countries, excluding China. On April 11, the US Customs and Border Protection office further exempted consumer electronics like smartphones and laptops, as well as memory chips, benefiting companies such as Apple, Nvidia, and Dell. According to RAND researcher Gerard DiPippo, these exemptions cover over 20% of Chinese imports. However, Trump hinted at potential industry-specific semiconductor tariffs, with clarity expected on April 14.
Global Markets and Tech Impacts
The tariff exemptions have provided relief for tech giants reliant on Chinese manufacturing, but uncertainty persists. Semiconductors, critical to global supply chains, remain vulnerable to future levies, which could ripple through industries. Posts on X reflect mixed sentiments, with some praising the exemptions and others wary of escalating costs. China’s commerce ministry called the exemptions a “small step,” noting it is still assessing their economic impact.
China’s Diplomatic Outreach
Amid the trade storm, China is positioning itself as a stable partner. President Xi Jinping, embarking on a Southeast Asia tour on April 14, aims to strengthen ties with Vietnam, Malaysia, and Cambodia—key manufacturing hubs. Xi recently urged Europe to “jointly resist unilateral bullying,” per state media, signaling China’s intent to rally global support against US policies. Beijing remains open to dialogue, while the White House expresses cautious optimism about a potential deal, though US officials insist China must initiate talks.
Looking Ahead
The US-China tariff dispute underscores the fragility of global trade in 2025. While exemptions have eased some pressures, the threat of new levies looms large. As both nations navigate economic and diplomatic challenges, the world watches to see if mutual respect, as Beijing advocates, can prevail. For now, the trade war remains a pivotal issue shaping markets and geopolitics.
По материалам: http://www.planet-today.com/2025/04/china-urges-us-to-cancel-tariffs-amid.html