Joint Statement on Economic and Trade Talks between China and the United States: China and the United States suspend part of their tariffs for 90 days

According to Foresight News, according to CCTV News, China and the United States recalled the commitments made under the joint statement of Geneva and agreed to take the following measures before August 12, 2025: The United States will continue to modify the implementation of the imposition of adjudication tariffs on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) stipulated in Executive Order No. 14257 of April 2, 2025, and will suspend the implementation of a 24% tariff for 90 days from August 12, 2025, while retaining the remaining 10% tariffs imposed on these goods in accordance with the Executive Order.


China will continue to amend the implementation of adjudication tariffs imposed on US goods as stipulated in the 2025 No. 4 of the Tax Commission, and will suspend the implementation of a 24% tariff for 90 days from August 12, 2025, while retaining the remaining 10% tariff imposed on these goods; and, in accordance with the agreement of the Geneva Joint Statement, take or maintain necessary measures to suspend or cancel non-tariff countermeasures against the United States.

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