On May 12, 2025, The White House published details on a joint statement between the United States and China regarding their economic and trade relationship, acknowledging its importance to both countries and the global economy. Reflecting on recent discussions, both nations committed to reciprocal actions by May 14, 2025, including temporarily reducing certain additional duties on imports for an initial 90-day period while maintaining a 10 percent rate. Furthermore, China agreed to suspend or remove non-tariff countermeasures implemented since April 2, 2025. Following these steps, a mechanism will be established for continued dialogue between designated high-level representatives to address relevant economic and trade issues. An additional Fact Sheet was also published and may be found here.

The original White House Statement may be found here.

As noted above, further guidance is pending and is expected to be published prior to May 14, 2025. If you have shipments / entries that may be impacted by this update, please contact your JSC representative to discuss the specific handling of your entry(ies), until we receive final notice from Customs and Border Protection (CBP).

JSC will continue to monitor the situation and provide updates when available.

If you have any questions, please contact our Compliance Team or your JSC account supervisor.