China is preparing to roll back tariffs on certain US imports amid increasing economic pressure.
Reduction of Tariffs on Imports
According to a report by Bloomberg, China is discussing the possibility of rolling back 125% tariffs on certain goods from the US, including medical equipment, ethane, and aircraft leasing. The decision comes amid mounting economic pressure and trade frictions.
China's Economic Response
President Donald Trump confirmed that his administration has been holding talks with Chinese officials regarding trade. He mentioned that while names of officials involved were not disclosed, meetings are ongoing.
Monetary Policy and Support Measures
In response to growing economic stress, the People's Bank of China (PBOC) injected 600 billion yuan into the financial system, marking the largest liquidity boost since December 2023.
China's consideration of tariff reductions and increased liquidity measures reflects efforts to mitigate economic impacts from external pressures.
