#贸易战缓和

On May 12, 2023, the Chinese Ministry of Commerce issued a joint statement on the Sino-U.S. Geneva economic and trade talks. Both sides committed to taking the following measures by May 14, 2025:

The United States will (1) amend the tariffs on Chinese goods (including those from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) imposed by Executive Order No. 14257 dated April 2, 2025, where a 24% tariff will be suspended for the initial 90 days, while retaining the remaining 10% tariff imposed on these goods according to this Executive Order; (2) cancel the tariffs imposed on these goods under Executive Order No. 14259 dated April 8, 2025, and Executive Order No. 14266 dated April 9, 2025.

China will (1) accordingly amend the tariffs on U.S. goods imposed by Announcement No. 4 of the Tax Commission in 2025, where a 24% tariff will be suspended for the initial 90 days, while retaining the remaining 10% tariff on these goods, and cancel the tariffs imposed on these goods under Announcement No. 5 and No. 6 of the Tax Commission in 2025; (2) take necessary measures to suspend or cancel the non-tariff countermeasures against the United States starting from April 2, 2025.