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The Government of the United States of America and the Government of the People’s Republic of China have agreed to reduce tariffs on imports and exports w.e.f May 14, 2025 for an initial period of 90 days.

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US, China agree to slash tariffs

US, China agree to slash tariffs

U.S. will lower tariffs on Chinese goods from 145% to 30%; China will reduce duties on American imports to 10%.

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Uncertainty looms over future trade policies following U.S. President Donald Trump's re-election last year but the DHL Trade Atlas 2025 highlights how global trade growth has proven surprisingly resilient in the face of recent disruptions.

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Global trade to grow despite U.S. policy shifts: DHL Trade Atlas 2025

www.stattimes.com

Global trade to grow despite U.S. policy shifts: DHL Trade Atlas 2025

Evidence suggests U.S.-China trade conflict has not substantially cut U.S. reliance on Chinese goods.

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