China Adjusts Additional Tariff Rate on U.S. Imported Goods 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 Shenchao TechFlow, the State Council Tariff Commission announced that starting from May 14, 2025, at 12:01 PM East 8 Time, 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 U.S. will be suspended for 90 days. At the same time, the implementation of the previously announced tariff measures 5 and 6 by the Tariff Commission in 2025 will be halted.

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China Adjusts Additional Tariff Rate on U.S. Imported Goods to 10%

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