China and U.S. meet in Switzerland and agree on tariffs on 12th May 2025.
U.S. Treasury Secretary Scott Bessent announced on Monday (May 12) in Geneva, Switzerland, that he had reached an agreement with China on tariffs.
Bessent said that after active discussions, China and the United States agreed to suspend “reciprocal tariffs” for 90 days, which means that both sides will reduce tariffs by 115%. The White House official website announced the content of the joint statement.
For Chinese Hair products Tariff will be Basic Tariff+Section 301 Tariffs+30% of the value.Total Tariff is about 54% more or less.Which will be paid when hairs arrived to U.S.
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