U.S. and China Agree to Temporary Tariff Reductions Following Geneva Discussions
Logistics Viewpoints
MAY 12, 2025
2025,the United States and China announced an agreement to reduce tariffs on each others goods for a limited period of 90 days. Summary of Measures The joint statement outlines the following: The United States will lower average tariffs on Chinese imports from 145% to 30%. Today, May 12. goods from 125% to 10%.
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