
qinbafrank|May 12, 2025 09:44
After adjusting the import tariffs on China, the United States has reduced them to 30% instead of 10%, as the additional 20% tariffs imposed earlier this year on fentanyl are still in effect. In addition, the tax rate does not include industry-specific tariffs previously imposed globally, so some Chinese products will still face higher tax rates. China's tariff on imported goods from the United States is 10%.
At today's press conference, Besant mentioned an important detail: the United States and China have reached preliminary consensus on five to six strategically significant industries and vulnerable links in the supply chain, such as pharmaceuticals and steel. The United States will seek supply chain independence in these areas and prioritize obtaining stable supply from allied countries. It is estimated that in the future, the United States will continue to attempt to promote "strategic rebalancing" in these industries.
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