China exempts some U.S. imports from 125% tariff rate

Apr 25, 2025 - 12:00
China exempts some U.S. imports from 125% tariff rate
white cranes unload shipping crates from ships docked at the shores edge, as seen from a birds eye view

Despite comments from U.S. President Donald Trump that he's spoken with Chinese President Xi Jinping about tariffs, China maintains that no talks have taken place.