section_path: Domestic policy/Economic/Tariffs
section_name: Tariffs
paragraph_text: Tariffs
  
  After a complex negotiation involving tariff hikes, retaliatory tariffs, and pauses, China and the U.S. announced a deal on May 12, 2025. Tariffs were to be pegged at 10% for U.S. goods going into China and 30% for Chinese goods coming into the United States.