EO 14298
Modifying Reciprocal Tariff Rates To Reflect Discussions With the People's Republic of China
Economy & TradeNational Security
Ad Space (leaderboard)
Summary
This executive order reduces tariffs on imports from China from a higher rate to 10% for 90 days, based on discussions between the U.S. and China aimed at addressing trade reciprocity and national security concerns. The 10% rate represents a suspension of 24 percentage points of previously imposed duties while maintaining the remaining 10% rate.
Key Points
- 1Implements a 90-day tariff suspension on Chinese imports at a reduced rate of 10% ad valorem duty
- 2References previous reciprocal tariff executive orders and China's retaliatory actions
- 3Acknowledges discussions with China as a significant step toward remedying trade imbalances and national security matters
- 4Effective May 14, 2025, applies to all articles from China including Hong Kong and Macau
- 5Maintains exceptions previously established in earlier executive orders
This summary is for informational purposes only. It may not capture all nuances of the executive order. Always refer to the official text for authoritative information.
Ad Space (rectangle)