China initiated tariff adjustments on US imports following a mutual agreement with Washington to implement a 90-day suspension of punitive duties after talks in Geneva.
China began implementing tariff adjustments on US products starting at 12:01 p.m. Beijing time (0401GMT) on Wednesday, in accordance with an agreement reached with the United States during recent trade talks in Geneva, Xinhua News Agency reported.
The Customs Tariff Commission of the State Council announced that it would suspend 24 percentage points of the additional ad valorem duty on specified US goods for an initial period of 90 days, while maintaining a 10% rate on those same items.
Additionally, Beijing has removed the modified additional duties previously imposed on April 9 and 11.
The decision follows a joint announcement by Beijing and Washington on Monday, confirming a temporary rollback of reciprocal tariff measures after a series of intensive negotiations.
The Geneva talks were prompted by President Donald Trump’s decision to raise tariffs on Chinese imports to 145%, which led China to retaliate with 125% duties on American goods.
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France will expel Algerian diplomats in response to Algiers' decision to expel French officials, Foreign Minister Jean-Noël Barrot announced on Wednesday, signaling a further deterioration in diplomatic relations between the two nations.
Saudi Arabia fully supports the ongoing nuclear negotiations between the U.S. and Iran, Foreign Minister Prince Faisal bin Farhan Al-Saud said, expressing hope for a constructive outcome that could ease regional tensions.
Russia will send a delegation to Istanbul for peace talks with Ukraine on Thursday, but the members will be revealed in the evening. The Kremlin confirmed the talks would proceed, and a senior Russian lawmaker suggested an all-for-all prisoner exchange might be considered.
France will expel Algerian diplomats in response to Algiers' decision to expel French officials, Foreign Minister Jean-Noël Barrot announced on Wednesday, signaling a further deterioration in diplomatic relations between the two nations.
Saudi Arabia fully supports the ongoing nuclear negotiations between the U.S. and Iran, Foreign Minister Prince Faisal bin Farhan Al-Saud said, expressing hope for a constructive outcome that could ease regional tensions.
Japanese children continue to struggle with mental health issues, ranking 32nd out of 43 developed and emerging countries, according to a new UNICEF report, despite notable improvements in education and strong physical health indicators.
Iranian Foreign Ministry's spokesperson welcomed the PKK's declaration of disarmament and dissolution, calling it an important step toward rejecting violence and strengthening security.
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