[#TrumpTariffs – US reduces tariffs on China, how does the market respond?]
On May 13, 2025, the US officially announced its decision to reduce import tariffs on Chinese goods, a move assessed to cool down trade tensions and stimulate consumption:
Import tariffs from China reduced from 145% to 30%.
Low-value items (under $800) such as clothing, electronic components... reduced from 120% to 54%.
China also responded by reducing tariffs on US goods from 125% to 10%.
Upcoming expectations:
This is a temporary agreement lasting 90 days, opening up opportunities for deeper negotiation rounds. If both sides continue to make progress, the global market – especially the consumer and technology sectors – could benefit significantly.
The stock and crypto markets have responded positively, as investor sentiment has improved significantly.