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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President Donald Trump has signed a proclamation reinstating a travel ban that restricts entry to the United States for citizens of 12 countries, citing national security threats and inadequate vetting processes.
In a historic move, President Donald Trump’s administration has imposed sanctions on four judges from the International Criminal Court (ICC), citing their involvement in cases targeting U.S. troops in Afghanistan and Israeli officials over alleged war crimes.
Albania’s Parliament has approved a bilateral agreement to enhance security cooperation and provide long-term support to Ukraine, marking a new phase in Tirana’s alignment with Kyiv amid ongoing regional instability.
In a sweeping new proclamation issued late Wednesday night, President Donald Trump has announced an immediate ban on the enrollment of new Chinese and other foreign students at Harvard University.
President Donald Trump has signed a proclamation reinstating a travel ban that restricts entry to the United States for citizens of 12 countries, citing national security threats and inadequate vetting processes.
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