China has finally agreed to open negotiations with the Trump administration as the tech industry warns that tariffs could soon spike Americans' costs for the 10 most popular consumer technology products by more than $123 billion annually.

On Wednesday, the Chinese Embassy in the US announced on X (formerly Twitter) that "China’s lead on China-US economic and trade affairs," He Lifeng, will meet with US Treasury Secretary Scott Bessent from May 9 to 12 to open talks. For those talks to go smoothly, China's Ministry of Commerce told reporters Wednesday, the US must "demonstrate sincerity" and come ready to "correct its wrongdoings," including facing "the severe negative impacts of its unilateral tariff measures on itself and the world."

Previously, China had demanded that President Trump drop all tariffs to begin negotiations, which Trump refused while seemingly holding out on making a deal on TikTok to keep the potential bargaining chip.

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This morning, Punchbowl News reported that Amazon was considering listing the cost of tariffs as a separate line item on its site, citing "a person familiar with the plan." Amazon later acknowledged that there had been internal discussions to that effect but only for its import-focused Amazon Haul sub-store and that the company didn't plan to actually list tariff prices for any items.

"This was never approved and is not going to happen," reads Amazon's two-sentence statement.

Amazon issued such a specific and forceful on-the-record denial in part because it had drawn the ire of the Trump administration. In a press briefing early this morning, White House Press Secretary Karoline Leavitt was asked a question about the report, which the administration responded to as though Amazon had made a formal announcement about the policy.

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Despite a recent pause on some tariffs, Apple remains in a particularly thorny spot as Donald Trump's trade war spikes costs in the tech company's iPhone manufacturing hub, China.

Analysts predict that Apple has no clear short-term options to shake up its supply chain to avoid tariffs entirely, and even if Trump grants Apple an exemption, iPhone prices may increase not just in the US but globally.

The US Trade Representative, which has previously granted Apple an exemption on a particular product, did not respond to Ars' request to comment on whether any requests for exemptions have been submitted in 2025.

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On Wednesday, Donald Trump, once again, took to Truth Social to abruptly shift US trade policy, announcing a 90-day pause "substantially" lowering reciprocal tariffs against all countries except China to 10 percent.

Because China retaliated—raising tariffs on US imports to 84 percent on Wednesday—Trump increased tariffs on China imports to 125 percent "effective immediately." That likely will not be received well by China, which advised the Trump administration to cancel all China tariffs Wednesday, NPR reported.

"The US's practice of escalating tariffs on China is a mistake on top of a mistake," the Chinese finance ministry said, calling for Trump to "properly resolve differences with China through equal dialogue on the basis of mutual respect."

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Tech companies' worst nightmare ahead of Donald Trump's election has already come true, as the US and China are now fully engaged in a tit-for-tat trade war, where China claims it expects to be better positioned to withstand US blows long-term.

Trump has claimed that Americans must take their "medicine," bearing any pains from tariffs while waiting for supposed long-term gains from potentially pressuring China—and every other country, including islands of penguins—into a more favorable trade deal. On Monday, tech companies across the US likely winced when Trump threatened to heap "additional" 50 percent tariffs on China, after China announced retaliatory 34 percent tariffs on US imports and restricted US access to rare earth metals.

Posting on Truth Social, Trump gave China one day to withdraw tariffs to avoid higher US tariffs.

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PC-manufacturer Acer has said that it plans to raise the prices of its PCs in the US by 10 percent, a direct response to the new 10 percent import tariff on Chinese goods that the Trump administration announced earlier this month.

"We will have to adjust the end user price to reflect the tariff," said Acer CEO Jason Chen in an interview with The Telegraph. "We think 10 percent probably will be the default price increase because of the import tax. It’s very straightforward."

These price increases won't roll out right away, according to Chen—products shipped from China before the tariffs went into effect earlier this month won't be subject to the increased import taxes—but we can expect them to show up in PC price tags over the next few weeks.

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It's been a confusing 24 hours at the US Postal Service (USPS) after the Trump administration imposed new tariffs on China that eliminated a loophole allowing low-value Chinese packages into the US duty-free.

On Tuesday, the USPS abruptly stopped accepting all inbound packages from Hong Kong and China. This briefly halted personal shipments from China, as well as online deliveries from China-based companies. That included blocking orders from online marketplaces increasingly popular with Americans like Alibaba, Temu, and Shein, as well as China-based retailers selling cheap goods on Amazon.

But by Wednesday morning, the USPS reversed the temporary policy, posting an international service notice clarifying that the USPS and Customs and Border Protection (CBP) "are working closely together to implement an efficient collection mechanism for the new China tariffs to ensure the least disruption to package delivery."

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TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a national security law requiring that TikTok's US operations either be shut down or sold to a non-foreign adversary.

Last weekend, TikTok briefly went dark in the US, only to come back online hours later after Donald Trump reassured ByteDance that the US law would not be enforced. Then, shortly after Trump took office, he signed an executive order delaying enforcement for 75 days while he consulted with advisers to "pursue a resolution that protects national security while saving a platform used by 170 million Americans."

Trump's executive order did not suggest that he intended to attempt to override the national security law's ban-or-sale requirements. But that hasn't stopped ByteDance, board member Bill Ford told World Economic Forum (WEF) attendees, from searching for a potential non-sale option that "could involve a change of control locally to ensure it complies with US legislation," Bloomberg reported.

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Under Joe Biden's direction, the US Trade Representative (USTR) launched a probe Monday into China's plans to globally dominate markets for legacy chips—alleging that China's unfair trade practices threaten US national security and could thwart US efforts to build up a domestic semiconductor supply chain.

Unlike the most advanced chips used to power artificial intelligence that are currently in short supply, these legacy chips rely on older manufacturing processes and are more ubiquitous in mass-market products. They're used in tech for cars, military vehicles, medical devices, smartphones, home appliances, space projects, and much more.

China apparently "plans to build more than 60 percent of the world's new legacy chip capacity over the next decade," and Commerce Secretary Gina Raimondo said evidence showed this was "discouraging investment elsewhere and constituted unfair competition," Reuters reported.

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China has immediately retaliated against the US following new export curbs that the Biden administration announced Monday, which restrict a wider range of Chinese businesses from accessing any foreign products that include even a single US-made chip.

On Tuesday, China's Ministry of Commerce punched back, announcing a ban that takes effect immediately on "exports of 'dual-use items' related to gallium, germanium, antimony, and superhard materials to the US," Reuters reported. Such "dual-use items" cover goods and technologies used for civil or military purposes, while the rare-earth metals are critical to tech manufacturing.

"In principle, the export of gallium, germanium, antimony, and superhard materials to the United States shall not be permitted," China's ministry said.

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