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The U.S. has adjusted the additional tariffs on China starting at 12:01 a.m. Eastern Time on May 14.

2025-05-14 20:50

BlockBeats News, May 14th. According to the Executive Order on Amending Import Tariff Rates to Reflect the Status of Negotiations with the People's Republic of China released by the White House on May 12th, the U.S. has, as of May 14th at 00:01 Eastern Time, revoked a total of 91% of tariffs imposed on Chinese goods (including those from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) under Executive Order No. 14259 dated April 8, 2025, and Executive Order No. 14266 dated April 9, 2025. The U.S. has modified the retaliatory tariff measures of 34% imposed on Chinese goods (including those from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) under Executive Order No. 14257 dated April 2, 2025, with 24% of the tariffs being suspended for 90 days and the remaining 10% being retained. Additionally, the U.S. has lowered or removed tariffs on small packages from China (including those from the Hong Kong Special Administrative Region), reducing the international mail ad valorem rate from 120% to 54% and canceling the planned increase from $100 to $200 per package for volume tax scheduled to take effect on June 1, 2025. (Xinhua News Agency)

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