US Tariff Rates on China Adjusted Following Sino-US Negotiations

Based on the compilation and analysis, the tariff rates imposed by the US on China have changed after the Sino-US negotiations:

1) The previous tariff rate was 165%, composed of 20% (in 2018) and 145% (20% fentanyl + 34% reciprocal tariff + 50% + 41%).

2) The current tariff rate is 50%, composed of 20% (in 2018) and 30% (20% fentanyl + 10% reciprocal tariff).