📊Executive Summary

China has waived its 125% retaliatory tariffs on certain semiconductor imports from the US, impacting at least eight integrated circuit-related tariff codes. This exemption applies to imports made between April 10 and 24, with duties paid during this period eligible for refunds. However, tariffs on memory chips remain in place. The lack of a public announcement from China's customs authorities and the deletion of the report from Caijing's website raises questions about the stability of this policy change. Procurement teams should monitor these developments closely as they could affect sourcing strategies and costs for semiconductor components....