U.S. Drops 91% Surcharge on Goods from the Chinese Mainland
U.S. terminates additional 91% tariffs on goods from the Chinese mainland as of May 14; China’s Ministry of Commerce says it will adjust tariff and non-tariff measures on U.S. imports.
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U.S. terminates additional 91% tariffs on goods from the Chinese mainland as of May 14; China’s Ministry of Commerce says it will adjust tariff and non-tariff measures on U.S. imports.
On May 14, the Chinese mainland cuts U.S. tariffs from 34% to 10% and pauses a 24% levy for 90 days, marking a shift in trade policy.
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