Memes

Bloomberg: China 🇨🇳 is considering suspending 125% tariffs on some imports from the US 🇺🇸, including medical devices, industrial chemicals like ethane and aircraft leases, amid the heavy economic impact of the ongoing trade war. The move mirrors a similar move by the US, which recently exempted some electronics from tariffs on Chinese imports. 

The exemptions reflect China's continued reliance on some US products, such as medical devices and ethane, a key raw material for plastics. Discussions are ongoing, and businesses in affected sectors have been asked to submit customs codes for items that need to be exempted.