China Quietly Rolls Out Tariff Exemptions On U.S. Goods As Trade War Strains Economy

China is quietly rolling out tariff exemptions on some U.S. imports amid mounting economic strain from the ongoing trade war, according to Reuters. Pharmaceutical products and aerospace components are among the goods reportedly granted relief. The Ministry of Commerce met with over 80 foreign firms this week to assess trade war impacts. Analysts say the exemptions could lower costs for Chinese firms and offer relief to U.S. exporters. China has not publicly confirmed the exemptions, but the Politburo has emphasized economic stability and domestic support.