China will suspend the imposition of a 24% tariff on American goods for 90 days, retaining the remaining 10% tariff.

2025-05-12 07:22:34

[China will suspend the additional 24% tariffs on U.S. goods for 90 days, retaining the remaining 10% tariffs] According to Bloomberg, China will implement a temporary tariff reduction policy on U.S. imported goods starting today, lowering the current tariff rate from 125% to 10%, effective for 90 days.

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