By Admin 
Trump Tariff: US President Donald Trump has decided to reduce 145 percent tariff on China, showing softness on China. Now the Chinese government is also considering the removal of 125 percent tariffs on some American imports because the impact of this trade war between the two countries is deepening on some industries, spending is sitting more on them.
China can remove tariffs on these things
According to the report of Gulf News, people familiar with the case have said that China is thinking of removing tariffs on some industrial equipment and some industrial chemicals like ethane. Along with this, Chinese officials are also discussing the removal of tariffs from the planes on lease.
Like many other airlines, China also does not own all aircraft. For the use of some jet aircraft, third party companies have to pay lease payment- due to tariffs, the expenditure on them is now sitting more. Earlier, Trump had excluded electronics products from 145 percent tariffs imposed on China.
Many Chinese industries depend on American imports
Many big industries have come to a standstill due to the trade war between these two economies of the world. America imports more goods than China. Beijing is also thinking of removing tariffs from American imports, on which big industries are dependent on it. For example, China is the world’s largest plastic manufacturer, but some of its factories depend on Ethane. It is mainly imported from the US.
Similarly, many hospitals in China also depend on medical equipment made by American companies like GE Healthcare Technologies Inc. However, the Chinese Finance Ministry or Customs Department has not yet commented on questions about the removal of tariffs from US imports.
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