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

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

reason.com/2025/06/13/tariffs-on-chinese-goods-drop-to-55-but-thats-cold-comfort-for-consumers

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…

This story appeared on reason.com, 2025-06-13 17:00:41.