China adjusts additional tariff rate on imported goods from the United States to 10%

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AI Summary

China will reduce tariffs on U.S. imports to 10%, a move that could boost bilateral trade. The policy is expected to ease market tensions and boost economic recovery.

According to Deep Tide TechFlow, the Tariff Commission of the State Council announced that starting from May 14, 2025, at 12:01 PM in UTC+8, the tariff rate on imported goods originating from the United States will be adjusted from 34% to 10%.
The implementation of the 24% additional tariff rate on the United States will be suspended for 90 days. At the same time, the previously announced additional tariff measures specified in Announcement No. 5 and No. 6 of 2025 by the Tariff Commission will also be halted.

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China adjusts additional tariff rate on imported goods from the United States to 10%

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