Silver Rises Over 120% YTD 
China may suspend its 125% tariff on select US imports to relieve economic pressure on certain industries.
The proposed exemptions would apply to medical equipment, industrial chemicals like ethane, and airplane leases for Chinese carriers.
This mirrors the US’s recent decision to exclude electronics from its 145% tariff on Chinese goods. The potential exemptions have already positively impacted Asian markets, with shares rising and the yuan recovering from losses.
These moves highlight how interconnected the US and Chinese economies remain despite tensions, with both sides recognizing that complete trade stoppage would harm key industries. Chinese authorities have asked companies in vulnerable sectors to submit customs codes for US products they need exempted, though the final list remains in flux.
