According to Xinhua News Agency's report on May 14, the U.S. White House issued an executive order on May 12, adjusting the measures for imposing tariffs on Chinese goods. Starting from May 14 at 00:01 Eastern Time, the U.S. has taken the following actions:

• Revocation of some tariffs: Revoking a total of 91% of the tariffs imposed on Chinese goods (including those from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) under Executive Orders No. 14259 dated April 8, 2025, and No. 14266 dated April 9, 2025.

• Modification of tariff measures: Modifying the 34% reciprocal tariff measures imposed on Chinese goods (including those from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) under Executive Order No. 14257 dated April 2, 2025, where 24% of the tariffs will be suspended for 90 days, retaining the remaining 10% of the tariffs.

• Adjustment of small parcel tariffs: Reducing or revoking the tariffs imposed on small parcels from China (including small parcels from the Hong Kong Special Administrative Region), lowering the international mail ad valorem tax rate from 120% to 54%, and revoking the measure that was set to increase the specific tax from $100 to $200 per item starting June 1, 2025.

In light of the above adjustments by the U.S., China has also correspondingly adjusted relevant tariffs and non-tariff retaliatory measures against the U.S.