On April 10, according to the State Council Tariff Commission issued an announcement, on April 8, 2025, the US government announced that the tax rate for imposing "reciprocal tariffs" on Chinese goods imported to the United States increased from 34% to 84%. The US's escalation of tariffs on China is a mistake, which seriously infringes on China's legitimate rights and interests and seriously damages the rules-based multilateral trading system.
In accordance with the "Tariff Law of the People's Republic of China", "Customs Law of the People's Republic of China", "Foreign Trade Law of the People's Republic of China" and other laws and regulations and the basic principles of international law, with the approval of the State Council, the measures to impose tariffs on imported goods originating from the United States will be adjusted from 12:01 on April 10, 2025. The relevant matters are as follows: 1. Adjust the tariff rate stipulated in the "Announcement of the State Council Tariff Commission on Improving Tariffs on Imported Goods Originating from the United States" (Tax Commission Announcement No. 4 of 2025), from 34% to 84%.
2. Other matters shall be implemented in accordance with Document No. 4 of 2025 of the Tax Committee Announcement.
