The United States adjusts tariffs imposed on China.

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The reporter learned from the Ministry of Commerce on the 14th that according to the “Executive Order on Modifying Reciprocal Tariff Rates to Reflect Talks with the People’s Republic of China” issued by the White House on May 12, the United States has reached 00 a.m. EST on May 14 :01Revoke the total 91% tariffs imposed on Chinese goods ( including those of the Hong Kong Special Administrative Region and the Macao Special Administrative Region) in accordance with Executive Decree No. 14259 of April 8, 2025 and Executive Order No. 14266 of April 9, 20 ) 25, Amend Executive Order No. 14257 of April 2, 2025 to impose a reciprocal tariff of 34% on Chinese goods ( ) including those of the Hong Kong Special Administrative Region and the Macao Special Administrative Region), of which 24% of the tariffs will be suspended for 90 days and the remaining 10% of the tariffs will be retained. At the same time, the US side has also lowered or revoked the tariffs imposed on China’s small-value parcels ( including the Hong Kong Special Administrative Region small-value parcels ) lowered the ad valorem tax rate on international mail from 120% to 54%, and revoked the measure that was originally scheduled to increase the ad valorem duty from US$100 to US$200 per item from June 1, 2025. In view of the fact that the US side has withdrawn, suspended or adjusted the relevant tariffs on China in accordance with the consensus reached at the China-US high-level economic and trade talks, China has adjusted the relevant tariffs and non-tariff countermeasures against the US accordingly. (Xinhua News Agency)

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