what are the tariffs on china right now

what are the tariffs on china right now

4 hours ago 1
Nature

As of early May 2025, the tariffs on Chinese imports to the United States have escalated significantly amid ongoing trade tensions:

  • The baseline U.S. tariff on Chinese goods is approximately 145%. This rate includes a 125% reciprocal tariff imposed in April 2025, layered on top of an existing 20% tariff related to earlier measures, such as those addressing fentanyl imports
  • The 145% tariff is a minimum rate and applies in addition to other tariffs previously imposed on Chinese products, including Section 301 tariffs and Biden administration tariffs on specific goods like electric vehicles and solar panels, which range from 25% to 100%
  • The U.S. also imposed a universal 10% minimum base tariff on all imported goods starting April 5, 2025, which applies broadly but is part of the overall tariff framework affecting Chinese imports
  • China has retaliated by raising its tariffs on U.S. goods to 125% from the previous 84%, effective April 12, 2025, and has indicated it will disregard any further U.S. tariff increases
  • Both countries have exempted some goods from tariffs: China exempted about $40 billion worth of U.S. goods, and the U.S. exempted about $102 billion worth of Chinese imports as of early May 2025
  • Discussions about reducing tariffs are ongoing, but China insists the U.S. must first fully eliminate its tariffs before negotiations can proceed

In summary, U.S. tariffs on Chinese imports currently stand at a minimum of 145%, with additional tariffs layered on certain products, while China imposes tariffs of up to 125% on American goods. Both sides have taken some steps to exempt certain products but remain in a high-tariff standoff as of May 2025

Read Entire Article