The U.S. adjusted the additional tariffs on China at 00:01 Eastern Time on May 14
ChainCatcher news, according to Xinhua News Agency, based on the executive order issued by the White House on May 12 regarding the "Modification of Tariff Rates to Reflect the Situation of Talks with the People's Republic of China," the U.S. side has revoked a total of 91% tariffs imposed on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) at 00:01 Eastern Time on May 14, according to Executive Order No. 14259 dated April 8, 2025, and Executive Order No. 14266 dated April 9, 2025. It has also modified the 34% reciprocal tariff measures imposed on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) under Executive Order No. 14257 dated April 2, 2025, with 24% of the tariffs suspended for 90 days, retaining the remaining 10% of the tariffs.At the same time, the U.S. side has also reduced or revoked the tariffs imposed on small parcels from China (including small parcels from the Hong Kong Special Administrative Region), lowering the international mail value-added tax rate from 120% to 54%, and canceling the measure that was originally scheduled to increase the quantity tax from $100 to $200 per item starting June 1, 2025.