China has prepared a list of U.S. goods that will not be covered by the 125 percent work “ Reuters reports, citing sources acquainted with the case.
"China has created a list of American goods that will be exempt from customs duties of 125%," writes the agency.
China has prepared a list of U.S. goods that will not be subject to a 125 percent duty, reports Reuters, citing sources acquainted with the case.
"China has created a list of American goods that will be exempt from customs duties of 125%," writes the agency.
On April 2, U.S. president Donald Trump signed an executive regulation introducing "mutual" customs duties on imports from another countries. Their base rate is 10%, and for 57 countries, from 9 April, increased rates began to apply, which were calculated on the basis of the United States trade deficit with a given country: so that there was a balance alternatively of deficit. However, on April 9, the American leader announced that more than 75 countries had not taken retaliatory action and demanded negotiations, so basic import duties of 10% will be in force for 90 days for all but China.
After a series of steps in the trade war, the additional "reciprocal" work of the United States on Chinese goods reached 125%, the retaliatory work of the PRC on American goods besides amounts to 125%. In addition, the United States imposed another 20% work on China in connection with allegations of insufficient fight against synthetic drugs.
Reuters: China prepares a list of U.S. goods exempt from customs duties30 April 2025
China has prepared a list of U.S. goods that will not be subject to a 125 percent duty, reports Reuters, citing sources acquainted with the case. "China has created a list of American goods,
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Daniel Głogowski
Expert in economics and social activities, experienced writer and writer. The first articles were published in 1999 in publications for global publishers. Working with leading planet newsrooms.
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Reuters: China prepares a list of U.S. goods exempt from customs duties
