The US Retains the Remaining 10% Tariff Increase, Cancels or Suspends Other Tariff Increases
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Bitget2025/05/12 07:19
The US retains the additional 10% tariff, cancels or suspends other additional tariffs
Joint Statement of China-US Geneva Economic and Trade Talks: The US promises to take the following measures by May 14, 2025. The US will amend the ad valorem tariffs imposed on Chinese goods as stipulated in Executive Order No. 14257 of April 2, 2025, suspending the implementation of 24% of the tariffs within the initial 90 days, while retaining the additional 10% tariff on these goods as per the order; canceling the additional tariffs on these goods according to Executive Order No. 14259 of April 8, 2025, and Executive Order No. 14266 of April 9, 2025. (Jin10 Data APP)
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