Reason

Tariffs on Chinese Goods Drop to 55%, but That's Cold Comfort for Consumers

By Jack Nicastro Jun 13, 2025, 1:00 pm37 pts
The United States finalized a trade deal with China on Thursday that will see tariffs on Chinese imports fall to 55 percent (from 145 percent) and Chinese duties on American imports drop to 10 percent (from 125 percent). Though a reduction in tariffs is worth celebrating, the retention of American…

Continue reading Tariffs on Chinese Goods Drop to 55%, but That's Cold Comfort for Consumers at Reason

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