As of May 2025, the United States and China have agreed to a temporary reduction in tariffs as part of ongoing trade negotiations. The key points are:

• The U.S. has lowered tariffs on Chinese imports from a previous high of about 145% down to a total of 30% for an initial period of 90 days starting May 14, 2025. This 30% tariff includes a baseline 10% "reciprocal" tariff plus other existing tariffs imposed under various trade laws

• China has similarly reduced its retaliatory tariffs on U.S. goods from 125% down to 10% for the same 90-day period

• These tariff reductions are temporary and set to expire around August 12, 2025, unless further negotiations extend or modify the agreement

• Despite the tariff reductions, prices for many Chinese goods in the U.S. may remain high due to other cost factors such as increased production costs in China and supply chain pressures

• Some specific tariffs remain in place, including the 20% fentanyl-related tariffs, Section 301 tariffs from 2018, and Section 232 tariffs on steel, aluminum, and autos

• For low-value imports (under $800), tariffs have been adjusted: the so-called "de minimis" tariff rate was reduced from 120% to 54% for shipments via USPS, while commercial carriers face the default 30% tariff

In summary, the current U.S. tariff on most Chinese goods is effectively 30% for 90 days from mid-May 2025, down from much higher rates imposed earlier in the year, with the possibility of changes depending on ongoing trade talks