US Elections (& Politics) :)

China quietly rolls back retaliatory tariffs on some US-made semiconductors, import agencies say

China appears to have quietly rolled back retaliatory tariffs of 125% on some semiconductors made in the US, according to details provided to CNN on Friday by three import agencies in the southern technology hub of Shenzhen, as Beijing tries to soften the blow of an ongoing trade war on its all-important tech industry.

The exemptions apply to integrated circuits, also known as microchips or semiconductors, according to the agencies. They found out about the exemptions, which have not been officially announced, on Thursday.

On April 12, China raised its reciprocal tariffs to 125% for all goods originating from the United States, in response to US President Donald Trump’s move to hike levies on Chinese goods to a sky-high 145%.

For months, Beijing has been projecting an air of strength and confidence in its ability to withstand an escalating trade war with the US. But these exemptions suggest it needs to roll back some levies on crucial items that it cannot make at home or source elsewhere. Besides semiconductors, China has decided to grant exemptions on some aircraft parts, including engines and landing gear, according to an aviation executive.

Semiconductors are an indispensable part of just about every electronic device. They are difficult to make because of the high cost of development and the level of knowledge required, meaning much of the production is concentrated among a handful of suppliers.

Although China has made strides in developing its own semiconductor industry, it is still highly dependent on imports of chips and chipmaking equipment from the United States, Taiwan, South Korea, Japan and the Netherlands. Last year, China imported $11.7 billion worth of semiconductors from the US, according to customs data.

Duncan Clark, chairman of technology investment advisory firm BDA, said the exemptions suggest China does not have “autonomy in chips.”

(Excerpt) Read more at cnn.com ...
 
2 things:

1. Can non-citizens vote? (NO)
2. How TF can a Judge fight this when its already the law?

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I am leaning more and more towards this: Want to be a Citizen and have Citizen Rights? THEN SERVE!

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We gotta get Cornyn out of office.


Ramadan Ding Dong, get the Motherf*****r gone! Wow. WTF happened to my beloved Texas?

I don't even think we can call him a RINO? Sympathizer, yes.
 
Ramadan Ding Dong, get the Motherf*****r gone! Wow. WTF happened to my beloved Texas?

I don't even think we can call him a RINO? Sympathizer, yes.
The politicians, globalists and the grifting wealthy need continued chaos to remain in power and to enrich themselves. They'll sell out everyone and anyone for power and money.
 
This would be great and make 2 judges arrested in 24 hours… but…. Kash has since deleted his tweet


I'd rather them take action behind the scenes rather than publicly patting themselves on the back all the time by posting on social media.
 
China is preparing to roll back its 125% tariffs on certain US imports, including medical equipment, ethane, and aircraft leasing, according to a report from Bloomberg, which cited anonymous sources.

The decision is being discussed inside Beijing as both economic pressure and trade friction intensify. Officials involved are also allegedly reviewing a full waiver for tariffs on plane leases, as part of a wider conversation around easing restrictions.

This development followed comments made on Thursday by President Donald Trump, who confirmed that members of his administration had been holding meetings with Chinese officials regarding trade.

Trump made the statement during a joint press event with Norwegian Prime Minister Jonas Gahr Støre. When asked which officials were involved in the discussions, Trump replied:

“It doesn’t matter who ‘they’ is. We may reveal it later, but they had meetings this morning, and we’ve been meeting with China.”