US to consider duties lowering for China — WSJ
Business & Economy
April 23, 2025, 17:29
Total US duties for goods from China reach 145% at present
NEW YORK, April 23. /TASS/. The US administration is considering the possibility of lowering customs duties for goods from China as a step to soften tension with Beijing, The Wall Street Journal said, citing sources.
Duties may probably be lowered by 50-65%. The US authorities are also considering a differentiated approach towards tariffs lowering. US President Donald Trump has not yet made a final decision on this issue and discussions on implementation options for this step continue.
Total US duties for goods from China reach 145% at present. China increased duties on goods from the US to 125% as a tit-for-tat measure.