The United States has officially removed additional 91% tariffs on Chinese goods, initially imposed under Executive Orders No. 14259 and No. 14266 in April 2025, according to a Wednesday announcement by the Chinese Ministry of Commerce. The adjustment takes effect at 00:01 a.m. Eastern Time on May 14.
The move follows recent economic negotiations between the two nations, with Beijing confirming it will reciprocate by adjusting countermeasures on U.S. goods. These include revisions to tariffs and non-tariff measures, aligning with bilateral consensus from high-level talks.
Analysts suggest the step signals a potential easing of trade tensions, though uncertainties linger over long-term policy directions. Markets in Asia and beyond are monitoring the developments for impacts on supply chains and investment flows.
Reference(s):
cgtn.com