US should stop threatening and blackmailing China, and seek dialogue based on equality, respect and mutual benefit.
Chinese Official
Timeline for tariff reimposition
2-3 weeks
Proposed baseline tariff rate
10%
Key Facts
- Donald Trump announced plans to reimpose tariffs paused on April 9 within “the next two, three weeks” for countries that have not reached a deal with the US.
- Current uncertainty for importers and exporters exists regarding whether they will face the original 10% tariff or a new figure come month’s end.
- The European Union stated it has no plans to modify its rules on value added tax or on agricultural subsidies.