China exempts some goods from US tariffs

By Andrew Silver, Trixie Yap and Brenda Goh (Reuters) - China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need levy-free, according to businesses that have been notified, in the clearest sign yet of Beijing's concerns about the trade war's fallout. The dispensation, which follows de-escalatory statements from Washington, signals that