United States and China agree to continue 10% reciprocal tariff

10% reciprocal tariff will remain in place until November 10, 2025

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August 12, 2025

The U.S. government and the government of China on August 11, 2025, issued a joint statement announcing their agreement to extend their May 12, 2025 agreement to suspend 24 percentage points of the additional tariffs on each other's goods announced in April 2025 for an additional 90 days. Read TradeNewsFlash

As explained in a White House fact sheet, the existing 10% reciprocal tariffs will remain in effect until November 10, 2025.

  • The United States will maintain a 10% ad valorem rate on Chinese goods, including those from Hong Kong and Macau.
  • China will also retain a 10% rate on U.S. goods and will suspend or remove non-tariff countermeasures against the United States.

President Trump yesterday also signed an executive order extending the suspension of increased tariffs on imports from China until November 10, 2025.

Additionally, U.S. Customs and Border Protection issued implementation guidance (CSMS # 65894387) regarding the executive order.

For more information, contact a professional with KPMG Trade & Customs services:

Andrew Siciliano
Partner, U.S. & Global Practice Leader

E: asiciliano@kpmg.com

Doug Zuvich
Partner

E: dzuvich@kpmg.com

Irina Vaysfeld
Principal

E: ivaysfeld@kpmg.com

John L. McLoughlin
Principal

E: jlmcloughlin@kpmg.com

Luis (Lou) Abad
Principal

E: labad@kpmg.com

George Zaharatos
Principal

E: gzaharatos@kpmg.com

Christopher Young
Principal

E: christopheryoung@kpmg.com

Amie Ahanchian
Principal

E: aahanchian@kpmg.com

Gisele Belotto
Principal

E: gbelotto@kpmg.com

Steve Brotherton
Principal

E: sbrotherton@kpmg.com

Jessica Libby
Principal

E: jlibby@kpmg.com

Dawn Olesky
Principal

E: dolesky@pmg.com

Frances Xing
Principal

E: francesxing@kpmg.com

 

 

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