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Monday, the United States and China Joint Statement The trade war is temporarily announced a new stage in the trade war that temporarily stops the tariffs applied in each other. In the next 90 days, China will relieve the US imports from 125% to 10% tasks. At the same time, the Tariffs of the United States on Chinese imports reduces from 145% to 30%. This is a Chinese shipping, which is less than $ 800, which will be taxed in 120% or a flat rate $ 100 to the mail item. Starting from June 1, the $ 100 payment will be up to $ 200.
The joint statement came after the officials of the two countries met in Geneva for the weekend. The markets since the President Trump’s “Freedom Day” received news since Monday morning.
Last month, President Trump announced a large number of tariffs for Trump, global imports, including 84% In Chinese imports that it later rose to 145%. Earlier, he also closed the De Minimis vaccine that released less than $ 800. President Trump claimed that the United States has closed the gap to help the synthetic opioid crisis fight. On a fact sheet of the White House, Trump Admin claimed that the “Many” consigners were released from minimis for the “hide of illegal substances, including synthetic opioids, including synthetic opioids.”
Despite the emphasis on the synthetic opioids of the Trump Management, most of the social conversations around the end of this freedom are about cheap sports shoes, memory foam bags and drones sold by Chinese e-commerce giants.
Both companies benefited from the freedom from minimis and said they plan to raise prices in light of changes. Separate but in the same statements, Shein and Temu, “We will prepare price arrangements since April 25, 2025 due to the latest changes in global trade rules and tariffs.”
In early May, the Temu course seemed to change. Fashion dive Temu said he would go to a local distribution model to hire suppliers in the United States and will appeal to the tariffs. This strategy helps the company’s terrible Trump tariffs, the Temu puts in direct contest in the United States with Amazon and Walmart. Last year, Amazon, Amazon Haul, by launching its discount platform, said Temu and Shei’s growing popularity in the United States. At the end of last month, President Donald Trump, Amazon’s executive chairman Jeff Bezos called on a report on Amazon Haul’s report. Although the idea was discussed internally, Amazon said in a statement that “this was never confirmed and happened.”
In March, the American retail seller, a fast fashionable fashion stalwart presented for bankruptcy for the second time. In the trial, forever, he said, “Mountain exceptions of minimis exceptions” material and adverse effects “and blamed forever” to do the work of 21 forever.
The winners and losers will be seen in the removable trading landscape of Trump, it is not difficult to hope that American consumers can think of the cheaper and cheaper appetite again.
