- The Trump Administration issued an Executive Order on April 9, 2025, pausing country-specific reciprocal tariffs from April 10 to July 9, 2025, while imposing a general 10% tariff on most countries, excluding China.
- For China, the reciprocal tariff was raised to 125% effective April 10, 2025, resulting in a total tariff rate of 145%, alongside other specific tariff increases.
- China retaliated by increasing its tariffs on U.S. products to 84% on the same day, while existing tariffs of 25% on steel, aluminum, and auto imports remain in effect.
Source Orbitax
Latest Posts in "China"
- China Lowers Luxury Car Tax Threshold to CNY 900,000, Expanding Tax Scope from July 2025
- China Revises VAT Rebate Policy 2025: Full Refunds for Key Industries, Partial for Others
- China Clarifies Tax Reporting Rules for Digital Platforms, Effective October 1, 2023
- France Cracks Down on Chinese E-Commerce Giants with Fines and Regulations
- China Releases Draft VAT Implementation Regulations for 2026 Law