The Tariff Commission of the State Council announced that starting from 12:01 on May 14, 2025, the tariff rate stipulated in the "Announcement of the Tariff Commission of the State Council on Imposing Tariffs on Imported Commodities Originating in the United States" (Announcement No. 4 of the Tariff Commission of 2025) will be adjusted from 34% to 10%, and the implementation of the 24% tariff rate on the United States will be suspended within 90 days.