China Reportedly Rolls Back Chip Tariffs Amid Ongoing US Trade Tensions

Fuente: International Business Times

Semiconductors are seen on a circuit board that powers a Samsung video camera at the Samsung MOBILE-ization media and analyst event on March 23, 2011 in San Jose, California. In a significant move amid ongoing trade tensions, China has reportedly rolled back its 125% retaliatory tariffs on certain semiconductors imported from the United States. The tariff exemption, confirmed by industry sources to CNN, applies to specific integrated circuits, which are essential components in a wide range of electronics.