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China Tariff News and Tracker

China Tariff News and Tracker

著者： Quiet. Please
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 This is your China Tariff Tracker podcast.

"China Tariff Tracker" is your go-to daily podcast that provides up-to-date news and analysis on tariffs imposed on China by the US, particularly during the Trump administration. Stay informed and gain valuable insights with expert discussions about the impacts of these tariffs on global trade, economic strategies, and market trends. Whether you're a business professional, economist, or simply interested in international relations, this podcast delivers the crucial information you need to navigate the complexities of US-China tariffs. Tune in for accurate reporting and expert opinions, ensuring you are always informed on the latest developments.

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  • US and China Reach Temporary Trade Truce Reducing Tariffs by 24 Percentage Points in Landmark 90-Day Agreement

    US and China Reach Temporary Trade Truce Reducing Tariffs by 24 Percentage Points in Landmark 90-Day Agreement
    2025/06/01
    Welcome to China Tariff News and Tracker. Today we're bringing you the latest on US-China trade relations.

    As of June 1, 2025, US tariffs on Chinese imports remain at a temporarily reduced rate following the significant trade agreement reached between the two economic powers last month. On May 12, the United States and China issued a joint statement announcing a mutual reduction in tariff rates for an initial 90-day period.

    The US has suspended 24 percentage points of the additional tariffs imposed on April 2, 2025, while maintaining a baseline 10% tariff on Chinese goods. This move brought down the effective US tariff rate on Chinese imports from approximately 51% to about 30%, providing some relief to importers and consumers facing higher prices.

    China reciprocated by suspending 24 percentage points of its retaliatory tariffs while maintaining a 10% additional rate on US goods. China also agreed to remove non-tariff countermeasures implemented against the US since April 2.

    This temporary truce comes after President Trump's sweeping "Liberation Day" tariff initiative announced on April 2, which had raised duties on Chinese imports to 54%. The administration had imposed a universal 10% baseline tariff on all imports entering the United States, with China facing an additional 34% on top of previously existing 20% tariffs.

    The current 90-day reduced tariff period is set to expire in mid-August, leaving businesses uncertain about future trade conditions. Trade experts are closely watching negotiations between the two countries to see if this temporary reduction will be extended or if tariffs will return to their previous higher levels.

    Despite the temporary reduction, US tariffs on Chinese goods remain historically high at around 30%. Before the Trump administration's trade actions, average US tariffs on Chinese exports were significantly lower. The current rate represents a substantial trade barrier that continues to impact global supply chains and consumer prices.

    Economic analysts note that these tariff reductions have helped ease some inflationary pressures, though the remaining tariffs still represent a significant tax on American consumers and businesses that import Chinese goods.

    Thank you for tuning in to China Tariff News and Tracker. Be sure to subscribe for ongoing updates as this trade situation continues to evolve. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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  • US China Trade War Thaws as Nations Agree to Slash Tariffs Dramatically Ahead of June 1 Deadline

    US China Trade War Thaws as Nations Agree to Slash Tariffs Dramatically Ahead of June 1 Deadline
    2025/05/29
    Welcome to China Tariff News and Tracker. The US-China trade landscape has seen significant developments this month that will impact businesses across sectors.

    In a major shift announced by the White House, the United States will modify reciprocal tariff rates with China effective June 1, 2025 - just days from now. This follows a historic trade agreement reached in mid-May where both nations agreed to substantially reduce their tariffs after a period of escalating trade tensions.

    Earlier this spring, tariffs had reached unprecedented heights, with US duties on Chinese goods soaring to 145% and China's retaliatory tariffs hitting 125%. However, on May 12, after negotiations in Geneva between Chinese Vice Premier He Lifeng, US Treasury Secretary Scott Bessent, and US Trade Representative Jamieson Greer, both countries agreed to a 90-day truce with dramatically reduced rates.

    Under this agreement, the United States lowered its tariffs on Chinese imports from 145% to 30%, while China cut its duties from 125% to just 10%. The White House has characterized this as a significant win, with President Trump securing what his administration calls "a historic trade win for the United States."

    It's important to note that certain sectors remain excluded from these reductions. The 25% tariff on imported vehicles and auto parts continues in full force, along with tariffs on steel, aluminum, and fentanyl-related chemicals.

    Meanwhile, the trade conflict has expanded beyond China. Just last week, on May 23, President Trump announced plans to impose a 50% tariff on all European Union imports starting June 1, citing trade imbalances.

    For businesses operating between the US and China, this temporary reprieve offers breathing room, but uncertainty remains as these reduced rates are set for just 90 days while longer-term negotiations continue. Companies should prepare for potential volatility when this period expires in August.

    Economists are closely watching whether these reduced tariffs will help cool inflation and supply chain disruptions that have plagued both economies since the trade war intensified earlier this year.

    Thank you for tuning in to China Tariff News and Tracker. For the latest developments on this evolving situation, be sure to subscribe to our podcast. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

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  • US and China Slash Tariffs to 10% in Surprise Trade Deal Amid Ongoing Economic Tensions

    US and China Slash Tariffs to 10% in Surprise Trade Deal Amid Ongoing Economic Tensions
    2025/05/25
    Welcome to the China Tariff News and Tracker podcast for May 25, 2025.

    In a significant development two weeks ago, the United States and China reached a temporary trade agreement, slashing reciprocal tariffs from 125% to just 10% for a 90-day period. The deal, announced on May 12th in a joint statement by the White House and China's Ministry of Commerce, temporarily cools what had become an intensifying trade war between the world's two largest economies.

    Under the agreement, while the 10% reciprocal tariff is in effect, the overall tariff rate on Chinese goods entering the US will be 30%, as the existing 20% base tariff remains in place. This represents a dramatic reduction from the peak 145% tariffs that had been imposed on Chinese imports by April 2025.

    However, the tariff reprieve does not include all sectors. The 25% tariff on imported vehicles and auto parts remains fully enforced, affecting both Chinese and other foreign automotive products. Other exclusions include steel, aluminum, and fentanyl-related chemicals.

    On May 13th, the Trump administration also reduced the de minimis tariff rate from 120% to 54% through an executive order. The administration kept the $100 per-item fee that took effect on May 2nd but canceled the previously scheduled June 1st increase to $200.

    While markets have responded positively to these measures, this agreement is only temporary. Both nations will use the 90-day window to continue negotiations toward a more comprehensive trade deal, though significant challenges remain.

    It's worth noting that while tariffs with China have been temporarily reduced, President Trump announced on May 23rd that he would be imposing a 50% reciprocal tariff on the European Union beginning June 1st, signaling that his administration's aggressive trade policies continue on other fronts.

    Financial analysts suggest this cooling period with China provides businesses a brief opportunity to adjust supply chains and inventory strategies before the potential return of higher tariff rates in August, when the 90-day period expires.

    Thank you for tuning in to China Tariff News and Tracker. Make sure to subscribe for weekly updates on the evolving US-China trade relationship. This has been a quiet please production, for more check out quiet please dot ai.

    For more check out https://www.quietperiodplease.com/

    Avoid ths tariff fee's and check out these deals https://amzn.to/4iaM94Q
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