Reciprocal Tariffs on China, Hong Kong, Macau Back to 10%

Updated 05/13/2025

On May 12, 2025, the U.S. and China released a Joint Statement on the U.S.-China Economic and Trade Meeting in Geneva detailing a temporary 90-day de-escalation of the trade war. The U.S. is suspending 24 percentage points of the Annex I China rate (34%) for an initial period of 90 days, retaining the remaining ad valorem rate of 10 percent, and removing the modified additional ad valorem rates of duty imposed by Executive Order 14259 (84%) and Executive Order 14266 (125%). The two sides will establish a mechanism to continue discussions.

“Moving forward in the spirit of mutual opening, continued communication, cooperation, and mutual respect; The Parties commit to take the following actions by May 14, 2025:”

Effective Date

Goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on May 14, 2025.

Reciprocal Tariffs

• All articles imported into the U.S. originating China, Hong Kong, and Macau, shall be subject to an additional ad valorem rate of duty of 10%.
• The original higher reciprocal tariff for China (including Hong Kong and Macau) of 34% will be suspended for 90 days.

Additional HTS numbers

9903.01.25: 10% (reciprocal rate for most countries) will apply to goods from China, Hong Kong, and Macau.

9903.01.63: Will revert to its country-specific rate for China of 34% – Suspended for 90 days beginning 12:01 a.m. eastern daylight time on May 14, 2025

De Minimis Tariff Decrease

The order also decreases de minimis tariffs imposed by Executive Order 14256 (Further Amendment to Duties Addressing the Synthetic Opioid Supply Chain in the People’s Republic of China as Applied to Low-Value Imports).

• Decrease the ad valorem rate of duty from 120% to 54%.
• Retain in effect the per postal item containing goods duty of 100 dollars, in effect since May 2, 2025.

China’s Tariffs on U.S. Goods

China will suspend the 24% on U.S. goods for 90 days, while retaining the remaining additional ad valorem rate of 10% on those articles, and removing the modified additional ad valorem rates of duty on those articles imposed by Announcement of the Customs Tariff Commission of the State Council No. 5 of 2025 and Announcement of the Customs Tariff Commission of the State Council No. 6 of 2025; and (ii) adopt all necessary administrative measures to suspend or remove the non-tariff countermeasures taken against the United States since April 2, 2025.

FAQs

Is the 10%reciprocal tariff retroactive?

No, this decrease in reciprocal tariffs on goods made in China, Hong Kong, and Macau is not retroactive.

Are products made in China or Hong Kong subject to the IEEPA China tariffs?

Yes, the 20% IEEPA China tariff applies to goods made in China or Hong Kong in addition to the 10% reciprocal tariff unless otherwise exempt.

For additional information:

Modifying Reciprocal Tariff Rates to Reflect Discussions with the People’s Republic of China – The White House

Fact Sheet: President Donald J. Trump Secures a Historic Trade Win for the United States

Have Questions? Contact your local NNR Representative.

We will continue to monitor this tariff action and provide updates as they become available.