China will suspend the imposition of 24% tariffs on US goods for 90 days and retain the remaining 10% tariffs
According to online reports, the China-US Geneva Economic and Trade Talks jointly stated: China will revise the ad valorem tariffs imposed on U.S. goods stipulated in the Taxation Commission Announcement No. 4 of 2025 accordingly: of which, 24% of the tariffs will be suspended for the initial 90 days, while retaining the remaining 10% tariff increase on these goods, and canceling the tariff increase on these goods according to the Taxation Commission Announcement Nos. 5 and 6 of 2025; Take necessary measures to suspend or cancel non-tariff countermeasures against the United States starting on April 2, 2025.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
