Listeners, here’s your latest update on US-China tariff news for November 5, 2025. US President Donald Trump has just signed two new executive orders following a recent trade agreement with China. These orders come in the wake of months of elevated trade tensions and rapid policy changes earlier this year.
Back in April, the US declared a national emergency and implemented steep reciprocal tariffs targeting a wide range of Chinese imports, with some rates escalating to a staggering 145%, based on executive orders from the White House. According to reporting from Global Sanctions, both nations subsequently engaged in intensive trade talks and, by May 2025, reached an initial agreement to dial those tariffs down significantly for a 90-day period, cutting the overall reciprocal tariff rate to just 10%. This temporary suspension was then extended another 90 days in August.
But the major headline today is that following more negotiations, President Trump has now issued another executive order suspending those heightened reciprocal tariffs for an entire year. As it stands, the US reciprocal tariff rate on Chinese goods will remain at 10% through at least November 2026, giving businesses and markets a clearer runway.
On China’s side, official statements quoted by Vital Law and EY Tax News indicate Beijing will suspend all retaliatory tariffs announced since early March this year. This covers a wide range of US products, with US agricultural exports among the most directly impacted. That means US farmers and other exporters are likely to see immediate relief from the tit-for-tat tariff hikes that have defined much of this year’s trade climate.
One more important update involves opioid-related products, a particular flashpoint in recent US-China relations. Earlier this year, following the national emergency declaration, the United States imposed a 10% tariff on opioid imports from China, and then quickly doubled that to 20%. But as part of the new agreements, those opioid tariffs are set to be reduced back down to 10%, becoming effective November 10th.
To recap, the US reciprocal tariff rate on Chinese goods is locked at 10% until November 2026, China is suspending its post-March retaliatory tariffs, and opioid-related tariffs are dropping back to 10% later this month. These developments could mark a significant cooling of recent US–China trade tensions, though listeners should stay tuned for any new twists in the coming weeks.
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