China calls on US to ‘completely cancel’ reciprocal tariffs

A notice late Friday by the US Customs and Border Protection office said smartphones, laptops, memory chips and other products would be excluded from the global levies President Donald Trump rolled out this month.
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Updated 13 April 2025
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China calls on US to ‘completely cancel’ reciprocal tariffs

BEIJING: China on Sunday called on the US to “completely cancel” its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment.

“We urge the US to take a big step to correct its mistakes, completely cancel the wrong practice of ‘reciprocal tariffs’ and return to the right path of mutual respect,” a Commerce Ministry spokesperson said in a statement.

A notice late Friday by the US Customs and Border Protection office said smartphones, laptops, memory chips and other products would be excluded from the global levies President Donald Trump rolled out this month.

Beijing’s Commerce Ministry said the exemptions were a “small step” by Washington and China was “evaluating the impact”of the decision.

It came as retaliatory Chinese import tariffs of 125 percent on US goods took effect Saturday, with Beijing standing defiant against its biggest trade partner.

The exemptions will benefit US tech companies like Nvidia and Dell, as well as Apple, which makes iPhones and other premium products in China.

Most Chinese goods still face a blanket 145 percent levy after the country was excluded from a 90-day tariff reprieve.


Saudi delegation arrives in Damascus to sign a number of economic agreements

Updated 11 min 17 sec ago
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Saudi delegation arrives in Damascus to sign a number of economic agreements

DAMASCUS: A Saudi economic delegation arrived at the General Secretariat of the Presidency of the Republic in Damascus to sign a number of agreements to support the Syrian economy and begin a new phase of comprehensive partnership between the two countries.

The contracts, expected to be signed between the Syrian and Saudi sides, will cover the aviation, telecommunications, infrastructure services and real estate development sectors.

The Saudi economic delegation is headed by Saudi Investment Minister Khalid Al-Falih and includes Minister of Communications and Information Technology Abdullah Al-Swaha, President of the General Authority of Civil Aviation Abdulaziz Al-Duailej and a number of representatives from Saudi ministries.