The United States reserves to impose the remaining 10% tariffs and cancel or suspend other tariff increases
According to online reports, the China-US Geneva Economic and Trade Talks jointly stated: The United States promises to take the following measures before May 14, 2025. The United States will amend the ad valorem tariffs imposed on China goods stipulated in Executive Order No. 14257 of April 2, 2025. Among them, 24% of the tariffs will be suspended for the initial 90 days, while retaining the remaining 10% of the tariffs on these goods in accordance with the provisions of the executive order; Cancel the additional tariffs on these goods under Executive Order No. 14259 of April 8, 2025 and Executive Order No. 14266 of April 9, 2025. (Jin Shi)
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