Sino-US Geneva Economic and Trade Talks Joint Statement: China will impose ad valorem tariffs on US goods in response
2025-05-12 07:11:23
Joint Statement of Sino-US Geneva Economic and Trade Talks: China will accordingly amend the ad valorem tariffs imposed on US goods as stipulated in the Tax Commission Announcement No. 4 of 2025: among them, the 24% tariffs will be suspended for the initial 90 days, while the remaining 10% tariffs on these goods will be retained, and the additional tariffs on these goods will be cancelled according to the Tax Commission Announcement No. 5 and No. 6 of 2025; take necessary measures to suspend or cancel the non-tariff countermeasures against the United States effective April 2, 2025. (Jin Ten)
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