The United States has adjusted the additional tariffs on China at 00:01 am on May 14
According to online reports, the reporter learned from the Ministry of Commerce on the 14th that according to the "Executive Order to Amend the Equivalent Tariff Rate to Reflect the Talks with the People's Republic of China" issued by the White House on May 12, the United States has already issued a notice on May 14 at 00:01 Revoke the sale of China goods under Administrative Order No. 14259 of April 8, 2025 and Administrative Order No. 14266 of April 9, 2025 (Including goods from the Hong Kong Special Administrative Region and Macao Special Administrative Region), a total of 91%, Amend Administrative Order No. 14257 of April 2, 2025 to impose restrictions on China goods (Including goods from the Hong Kong Special Administrative Region and Macao Special Administrative Region) % of equivalent tariff measures, of which 24% of tariffs will be suspended for 90 days, and the remaining 10% of tariffs will be retained. At the same time, the United States has also lowered or withdrawn additional tariffs on small parcels in China (including small parcels in the Hong Kong Special Administrative Region), reduced the ad valorem tax rate for international mail from 120% to 54%, and cancelled the original measure to increase the specific tax from US$100 to US$200 per piece starting from June 1, 2025. In view of the fact that the United States revokes, suspends or adjusts relevant tariff increases on China in accordance with the consensus reached at the China-US high-level economic and trade talks, China has adjusted relevant tariff and non-tariff countermeasures against the United States accordingly. (Xinhua Agency)
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