Apr 15, 2025
A tariff is a duty (a tax) imposed by a national government, customs territory, or supranational union on imports (or, exceptionally, exports) of goods.
What are tariffs and why is Trump using them?
On April 2, 2025, the U.S. announced a 34% tariff on Chinese goods.
On April 4, 2025, China responded withcountermeasures, an additional 34% tariff on all U.S. goods.
On April 8, 2025, the U.S. had raised the tariff from 34% to 84%.
On April 9, 2025, China imposed an additional 50% tariff on U.S. goods, the total import tax on all U.S. products to 84%.
On April 10, 2025, the U.S. government announced an increase in tariff to 125%, bringing the total tariffs to 145%.
On April 12, 2025, China adjust its tariff rates to 125% on goods imported from U.S.
To Mitigate Tariff Impacts, enterprises should try their best to find specific strategies, such as reduce costs to maintain orders, optimize supply chains……to mitigate tariff impart.
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