- 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 Ends Platinum Import Tax Exemption, Imposes 13% VAT, Reshaping Global Precious Metals Market
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- Chongqing Tax Bureau Seeks Public Comments on Draft Land Value-Added Tax Policy Announcement
- China’s Unified VAT Reform: Modernizing Tax Compliance for Domestic and Foreign Businesses


 
        		 
        	











