Trump Takes Small Step on Tariffs, China Wants a Giant Leap
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Trump’s tariff exemption on consumer electronics and semiconductors suggests US-China trade tensions may have peaked.
“This is a small step by the US toward correcting its wrongful action of unilateral ‘reciprocal tariffs,’” the Chinese Ministry of Commerce said in a statement posted on its official WeChat account on Sunday. The ministry urged the US to “take a big stride in completely abolishing the wrongful action.”