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

--・Verified Binance official account

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 State Council Tariff Commission announced that starting from May 14, 2025, at 12:01 PM, East 8 Time, the additional tariff rate on imported goods originating from the United States will be adjusted from 34% to 10%.
The implementation of the additional tariff rate of 24% on imports from the United States will be suspended for 90 days. At the same time, the additional tariff measures specified in the previous announcements No. 5 and No. 6 of 2025 by the tariff committee will be halted.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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

Latest News