Factbox-China exempts some US imports from tariffs

1 week ago 20

Reuters

Thu, May 8, 2025, 4:52 AM 2 min read

(Reuters) -China has granted tariff exemptions connected prime pharmaceuticals, microchips and craft engines from its 125% retaliatory tariffs connected U.S. goods imposed aft President Donald Trump unleashed his tariffs successful April.

It has created a alleged "whitelist" of U.S.-made products that would beryllium exempted from its tariffs, 2 radical acquainted with the substance told Reuters, and immoderate companies person said they person been capable to import to China without paying the duties.

Below are immoderate companies that person said their imports person been escaped of China's retaliatory tariffs:

HEALTHCARE

** SIEMENS HEALTHINEERS: CEO Bernd Montag said connected May 7 that immoderate of the German aesculapian exertion group's products, specified arsenic the alleged reagents successful its diagnostics business, had been exempted from Chinese tariffs.

If reagents, substances that origin chemic reactions, were imported with the recently imposed tariffs, their costs would much than double, Montag said successful a property call.

** DIASORIN: The Italian diagnostics steadfast said connected May 6 that much often than not, tariffs were not being applied to its goods erstwhile they walk customs successful China.

** Pharmaceutical companies person reported that they had been capable to import immoderate drugs with tariff exemptions, the Beijing-based American Chamber of Commerce said connected April 25.

SEMICONDUCTORS

** A root astatine a representation spot plan steadfast said connected April 25 that the China Semiconductor Industry Association (CSIA) had informed it of waivers connected imports of 8 types of microchips, with analogue chips exempted but not representation chips.

AEROSPACE

** SAFRAN: The caput of the French motor shaper said connected April 25 that China had decided to assistance exemptions for immoderate craft parts, including pitchy engines.

CHEMICALS

** China has waived the tariff connected ethane imports, 2 sources with cognition of the substance said connected April 29.

(Compiled by Bernadette Hogg successful Gdansk, editing by Milla Nissi-Prussak)


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