China said to weigh exempting some US goods from tariffs as costs rise ...Middle East

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China said to weigh exempting some US goods from tariffs as costs rise

There are two separate reports on China tariffs. The first from Bloomberg says China is weighing exempting some US goods from tariffs.

A separate report from Caijing cites several Chinese tech companies who confirmed that 8 tariff codes related to semiconductors and circuits are now exempt from additional tariffs.

    USD/JPY is at the highs of the day, up 66 pips to 143.29 last. There are some broader USD bids as well.

    This article was written by Adam Button at www.forexlive.com.

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