China appears to have quietly rolled back retaliatory tariffs of 125% on some semiconductors made in the United States, according to details provided to CNN on Friday by three import agencies in the southern technology hub of Shenzhen.

China had hit the U.S. with a 125 percent retaliatory tariff after Trump imposed a 125 percent levy on most Chinese goods.

China has denied any suggestion it's in active negotiations with the administration of U_S_ President Donald Trump over tariffs, saying any notion of progress in the matter is as groundless as “trying to catch the wind.