Look! Look! Great news!!
CPI data is favorable + adjustments to China-US tariff measures are beneficial!
Approved by the State Council, starting from May 14, 2025, at 12:01 PM, adjustments will be made to the tariff measures imposed on imported goods originating from the United States.
On the evening of May 13, the Ministry of Finance's website released
An announcement from the State Council Tariff Commission regarding the adjustment of tariff measures on imported goods originating from the United States.
Tariff Commission Announcement No. 7 of 2025
To implement the important consensus reached during high-level economic and trade talks between China and the United States, based on the "Customs Law of the People's Republic of China", "Customs Law of the People's Republic of China", "Foreign Trade Law of the People's Republic of China", and other laws and regulations as well as basic principles of international law, approved by the State Council, starting from May 14, 2025, at 12:01 PM, adjustments will be made to the tariff measures imposed on imported goods originating from the United States. The relevant matters are as follows:
1. Adjust the tariff rate stipulated in the "Announcement of the State Council Tariff Commission on the Imposition of Tariffs on Imported Goods Originating from the United States" (Tariff Commission Announcement No. 4 of 2025) from 34% to 10%, and suspend the implementation of the 24% additional tariff rate on the U.S. for 90 days.
2. Stop the implementation of the "Announcement of the State Council Tariff Commission on Adjusting the Tariff Measures on Imported Goods Originating from the United States" (Tariff Commission Announcement No. 5 of 2025) and the "Announcement of the State Council Tariff Commission on Adjusting the Tariff Measures on Imported Goods Originating from the United States" (Tariff Commission Announcement No. 6 of 2025).
When good news is exhausted, it's bad news. After the rally driven by good news, don't forget to take profits in batches when the price is high!
I wish all my friends who are lucky enough to see this make profits every day and earn money every day! Please follow and support me as well, thank you 🙏🏻