Xinhua
14 May 2025, 19:49 GMT+10
BEIJING, May 14 (Xinhua) -- The United States unreasonably imposed two rounds of tariffs on China under the pretext of fentanyl, and China promptly took countermeasures to firmly safeguard its legitimate rights and interests. "These countermeasures remain effective," a Chinese foreign ministry spokesperson said on Wednesday.Spokesperson Lin Jian made the remarks at a daily news briefing when answering a query relevant to the tariffs between the two countries.Lin said China and the United States had reached multiple positive consensuses during the economic and trade meeting in Geneva, agreeing to significantly reduce the level of bilateral tariffs.The United States agreed to remove 91 percent of the additional tariffs on Chinese products and suspend the implementation of the 24-percent "reciprocal tariff." Accordingly, China will cut 91-percent countermeasure additional tariffs against U.S. imports and suspend a 24-percent countermeasure tariff, according to Lin, adding that each side will retain a 10-percent tariff.
Get a daily dose of Japan Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Japan Herald.
More InformationTAIPEI, Taiwan: Taiwan's China Airlines has placed an order for 14 Boeing 777X wide-body aircraft, consisting of 10 777-9 passenger...
REDMOND, Washington: Microsoft has prohibited its employees from using Deepseek, a Chinese artificial intelligence app, citing concerns...
TOKYO, Japan: After nearly three months of complex recovery efforts, the body of a 74-year-old truck driver was found late last week...
TOKYO, Japan: Emperor Emeritus Akihito, 91, will be hospitalized for heart examinations after doctors detected a potential issue during...
Dubai [UAE], May 14 (ANI): The International Cricket Council (ICC) on Wednesday released the updated Women's ODI team rankings. Australia...
BEIJING, May 14 (Xinhua) -- The United States unreasonably imposed two rounds of tariffs on China under the pretext of fentanyl, and...
TAIPEI, Taiwan: Taiwan's China Airlines has placed an order for 14 Boeing 777X wide-body aircraft, consisting of 10 777-9 passenger...
HOUSTON, Texas: Citgo Petroleum, the Houston-based refiner owned by Venezuela, posted a net loss of US$82 million for the first quarter,...
TAIPEI, Taiwan: Taiwan's exports grew much more than expected in April, as buyers rushed to purchase its high-tech products before...
NEW YORK, New York - A better-than-expected CPI reading sent the Standard and Poor's 500 and the Nasdaq Composite higher on Tuesday,...
MONTREAL, Canada: Air Canada has cut its annual core profit forecast and missed first-quarter revenue estimates, citing a drop in U.S.-bound...
CUPERTINO, California: Apple's plan to introduce AI-powered search options on its Safari browser poses a major challenge to Google,...