China described the U.S. decision to pause new tariffs as a “small step” toward correcting what it views as a trade policy mistake, following President Donald Trump’s announcement of a 90-day tariff freeze.
The White House confirmed late Friday that smartphones, computers, semiconductors, and other electronics would be exempt from the 145% tariff rate now applied to most Chinese imports. The exemptions came after concerns that key tech sectors, including U.S.-based companies reliant on Chinese manufacturing, would be severely impacted.
Trump defended the broader tariff strategy but acknowledged rollout issues, calling the approach “a beautiful thing” if a deal is reached. He warned that higher rates would return if trading partners don’t come to the table.
China remains under a combined 145% tariff burden due to a base 125% trade penalty and an additional 20% linked to fentanyl-related sanctions imposed in February.
Trump said further details on a separate tariff package targeting semiconductor chips will be released Monday, noting that the tariffs are bringing in “a lot of money” for the U.S. government.
