America, which could not hold on, has given in and significantly adjusted its tariff policy! The tariff war has just begun, and America can't bear it anymore! At 10:36 PM Eastern Time on April 11, 2025, the U.S. Customs and Border Protection issued an announcement stating that further guidance would be provided regarding the executive order imposing additional tariffs on imported goods issued by the U.S. government on April 2, 2025, as well as related executive orders issued on April 7 and April 9.
The announcement stated that exemptions from tariffs would be granted for products such as computers, servers, smartphones, printers, semiconductor manufacturing equipment, wireless communication devices, memory, displays, semiconductor-related components, and integrated circuits. A 22-page product exemption list published on the White House website showed that if the "American component" of goods originating from any country accounts for 20% or more of the total customs declaration value of the imported goods, the "American component" will not be subject to additional tariffs, while the "non-American component" will be taxed.
Clearly, what does this announcement from America indicate? It indicates that America is significantly adjusting its tariff policies. According to relevant data, the amount of related products exported from China to the United States in 2024 was as follows: smartphones: 250.15 billion yuan (RMB), laptops: 179.87 billion yuan, telecommunications/audiovisual equipment and parts: 209.156 billion yuan. As for integrated circuits, data shows that in the first 11 months of 2024, China's export volume reached 144.7 billion US dollars, and it is likely that the United States is a major export market.
After this tariff exemption by the U.S., it is feared that the Chinese goods eligible for exemption may exceed 50% of the total exports to the U.S. What does this adjustment policy of America signify? It signifies that the trade war cannot be sustained by America, and the Trump administration is under immense pressure. Of course, after America made this specific concessionary move, we believe there will be corresponding adjustments on our side. This seems to also suggest that the door for Sino-U.S. negotiations is opening. After one round of clashes, our firm countermeasures have undoubtedly restored some rationality to America, and the trade war may迎来 a major turning point towards negotiation.
Original article: https://www.toutiao.com/article/1829205389935753/
Disclaimer: The article solely represents the views of the author.