#TrumpTariffs The U.S. and China agree to temporarily cut reciprocal tariffs. Under the 90-day truce, the U.S. will reduce the additional tariffs it imposed on Chinese imports from 145% to 30%, while China's tariffs on U.S. imports will be reduced from 125% to 10%. Additionally, it lowers the "de minimis" tariff for low-value items in shipments from China, reducing tariffs on items valued at up to $800 from 120% to 54%.