PANews May 14 news, according to Xinhua News Agency reporters from the Ministry of Commerce, according to the executive order issued by the White House on May 12 (to modify the reciprocal tariff rates to reflect the situation of talks with the People's Republic of China), the US side has on May 14 at 00:01 Eastern Time revoked a total of 91% tariffs imposed on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) based on Executive Order No. 14259 dated April 8, 2025, and Executive Order No. 14266 dated April 9, 2025. It also modified the reciprocal tariff measures of 34% imposed on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) based on Executive Order No. 14257 dated April 2, 2025, of which 24% of the tariffs are suspended for 90 days, retaining the remaining 10% of the tariffs. At the same time, the US side also reduced or revoked the tariffs imposed on small packages from China (including small packages from the Hong Kong Special Administrative Region), lowering the import tax rate on international mail from 120% to 54%, and revoking the measure originally scheduled to increase the volume tax from $100 per item to $200 starting June 1, 2025.
