Updated tariffs for ice bath chiller May 2025 in china us trade deal

2025-05-12 16:51:17
Updated tariffs for ice bath chiller May 2025 in china us trade deal

The U.S. and China agreed Monday to sharply reduce tariffs on each other's goods for an initial 90 days under the latest U.S. policy of paying a 10 % baseline tariff on all Chinese exports to the U.S. on May 11, 2025, an unexpected breakthrough that eased a bitter trade war and boosted global markets.by CNN news

 

The statement came after officials from the world's two largest economies held marathon trade talks in Geneva, Switzerland, over the weekend, with both sides claiming “substantial progress” in the negotiations.

 

The joint statement said that starting May 14, the U.S. will temporarily reduce tariffs on Chinese exports to the U.S. from 145 % to 30 %, and China will temporarily reduce tariffs on U.S. exports to the U.S. from 125% to 10 %.

 

They said the two sides recognize “the importance of a sustainable, long-term, mutually beneficial economic and trade relationship”.

In a spirit of mutual openness, ongoing communication, cooperation and mutual respect, they will continue to move forward with the relevant work.

 

Spirit of mutual openness, continuous communication, cooperation and mutual respect, they continue to move forward: the two sides have committed to

 

By May 14, 2025, the following initiatives will be undertaken.

The United States will modify the provisions of Executive Order No. 14257 of April 2, 2025, as set forth

The United States will modify the provisions of Executive Order No. 14257 of April 2, 2025, regarding the importation and exportation of Chinese merchandise

(including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region).

 

Hong Kong Special Administrative Region and Macao Special Administrative Region), of which the 24 % of the tariffs are suspended for an initial period of 90 days, while the remaining 10 % of the tariffs imposed on these commodities as provided in the Executive Order and the remaining 10 % of the tariffs.

 

cancel the tariffs imposed under 2025

Executive Order No. 14259, dated April 8, 2025, and 2025 Executive Order No. 14266 of April 9 imposing the tariffs on these goods.

 

The statement added: “These discussions may take place alternately in China and the United States, or in a third country by mutual agreement. Both sides may conduct working-level consultations on relevant economic and trade issues as needed.”

 

For example, on Ice Bath Chiller: If Ice Bath Chiller (Ice Bath Chiller) is categorized as a household appliance (HS code e.g. category 8509), its total duty rate may include:

The base rate of 7.5% (for some categories)

Section 301 tariff 25%

The reciprocal tariff 140%

Total: 173.5% tariff on ice bath machines before adjustments (could be higher if other additional duties are involved)

 

Ditto: for the all-in-one cold plunge tub, the total tariff is 70%.

 

After the new policy on May 14th:

Tariffs on ice baths and all-in-one units are 10% (better policies may happen as negotiations progress)

 

Summarize: in the face of U.S. tariff barriers, ice bath machine exporters need to combine compliance declaration, supply chain reconstruction and market strategy adjustment, in the case of low tariffs, to be for buyers to carry out immediate action, will be a challenge into an opportunity. Continuously pay attention to policy developments, flexible response, in order to be able to get a foothold in the highly competitive U.S. ice bath market, to obtain a greater share of the ice bath market.

Table of Contents