BlockBeats news, on May 13, the Customs Tariff Commission of the State Council announced that starting from May 14, 2025, 12:01 PM, the tariff rate imposed on imported goods originating from the United States will be adjusted (Announcement No. 4 of the Tariff Commission in 2025) from 34% to 10%, and the additional tariff rate of 24% imposed on the U.S. will be suspended for 90 days.

Starting from May 14, 2025, 12:01 PM, the implementation of the additional tariff measures specified in the (Announcement No. 5 of the Tariff Commission in 2025) and the (Announcement No. 6 of the Tariff Commission in 2025) regarding the adjustment of additional tariffs on imported goods originating from the United States will be stopped. (Jin Shi)