Global Trade Alert
Global Trade Alert

United States of America: Temporary tariff reduction on imported goods from China following bilateral US-China meeting (May 2025)

Announcement

12 May 2025

In May 2025, the governments of China and the United States of America released a "Joint Statement on US-China Economic and Trade Meeting in Geneva". In the document, the US government commits the suspension of some of the latest tariff increases for an initial period of 90 days.

 

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

2 in force

Implementation date

14 May 2025

Revocation date:

13 Aug 2025

Import tariff In force

On 12 May 2025, the U.S. Administration announced the suspension of certain recently increased tariffs on imports from China for an initial period of 90 days. During this period, the additional ad val...

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Implementation date

14 May 2025

Revocation date:

No revocation date

Import tariff In force

On 12 May 2025, the U.S. Administration issued an executive order (EO) to reduce specific tariffs on low-value imports from China, particularly targeting synthetic opioids. The order decreases the ad ...

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