Joint Statement of the China-US Stockholm Economic and Trade Talks: China and the United States suspend some tariffs on each other for 90 days

According to Jinshi Data, citing information from the Ministry of Commerce, taking into account the London talks on June 9-10, 2025 and the Stockholm talks on July 28-29, 2025, the two sides recalled the commitments made under the Geneva Joint Statement and agreed to take the following measures before August 12, 2025: 1. The United States will continue to modify the implementation of the additional ad valorem tariffs on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) as stipulated in Executive Order No. 14257 of April 2, 2025, and suspend the implementation of the 24% tariff for 90 days from August 12, 2025, while retaining the remaining 10% tariff imposed on these goods in accordance with the executive order. 2. China will continue to (1) modify the implementation of the additional ad valorem tariffs on U.S. goods as stipulated in Tax Committee Announcement No. 4 of 2025, and suspend the implementation of the 24% tariff for 90 days from August 12, 2025, while retaining