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Bloomberg Quint

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Image Credit: Bloomberg Quint

China Says US Tariff Exemption A 'Small Step' To Undoing Mistake

  • China's government considers the US decision to exempt certain consumer electronics from reciprocal tariffs as a small step towards rectifying its wrongdoings.
  • The Ministry of Commerce urged the US to completely abolish the 'wrongful action' of imposing tariffs and resolve differences through equal dialogue based on mutual respect.
  • President Donald Trump's latest exemptions cover $390 billion in US imports, including over $101 billion from China.

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