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China Eases Tariffs on U.S. Goods Amid Trade Truce

11/5/2025

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Story summary
  • The State Council rolled back 24% of added tariffs on U.S. goods for a year, while keeping 10% tariffs tied to U.S. President Donald Trump’s policies.
  • U.S. President Donald Trump signed an executive order cutting a fentanyl tariff from 20% to 10%.
  • The State Council will eliminate tariffs on select U.S. agricultural products starting November 10, 2025.
  • China will avoid Taiwan and human rights to preserve the trade truce with Trump.