It’s Only Common Sense: Trust Is All You Need
Dan’s Biz Bookshelf: ‘The Future of Sales'
Driving Innovation: Traceability in PCB Production
U.S., China Announce New Trade Deal, Temporary Tariff Relief
May 12, 2025 | IPCEstimated reading time: 1 minute
The White House announced a new trade agreement with China on May 12 aimed at reducing trade tensions and providing temporary tariff relief for manufacturers.
Key Provisions:
- Tariff reductions announced: The U.S. will reduce tariffs on Chinese goods from 145% to 30%, while China will lower tariffs on U.S. goods from 125% to 10%.
- 90-Day implementation window: The tariff reductions take effect May 14, 2025, and remain in place for an initial 90-day period.
- Suspension of new tariffs: Both countries will suspend additional tariff actions taken since April 2025, although a baseline 10% tariff will remain in effect.
- IEEPA and Section 301 tariffs still in place: The 20% IEEPA tariff on fentanyl-related products and all existing Section 301 tariffs remain unchanged.
- Printed circuit board exception: The current exception for 2- and 4-layer printed circuit boards remains in effect through May 31, 2025.
- Continued dialogue: The deal establishes an official U.S.–China dialogue led by Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, alongside Chinese Vice Premier He Lifeng.
In a statement, IPC officials welcome this progress and the recognition of key manufacturing inputs. However, significant trade barriers remain. “We continue to urge the Administration to grant broader relief for materials and components essential to the domestic electronics industry,” said Rich Cappetto, senior director, North American Government Relations.
Share on:
Suggested Items
IDC Increases its PC and Tablet Forecasts Despite Tariff Uncertainty
06/02/2025 | IDCAfter recording strong results in the first quarter of 2025, IDC is increasing its traditional PC forecast for 2025 — this comes despite the significant impact that US tariffs have had on its trading partners’ market sentiment.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
05/30/2025 | Andy Shaughnessy, Design007I don’t have a scorecard, but I do have a weekly wrap-up of must-reads that I think deserve another “bite of the apple,” so to speak. IPC’s Rich Cappetto shares his perspective on everything from tariffs to the CHIPS Act. Columnist Josh Casper discusses the use of AI in 3D AOI systems and the immediate benefits that AI can bring about. Columnist Anaya Vardya explains how technologies like AI can improve our customer service, as well as our manufacturing processes.
Insights Into a Differentiating Trade/Investment Global Strategy for Electronics
05/27/2025 | I-Connect007 Editorial TeamTo better understand the U.S. administration’s actions on global trade policies earlier this spring, Barry Matties and Nolan Johnson met with Richard Cappetto, IPC’s senior director of North American government relations, who highlighted both the challenges and opportunities available to U.S. companies in the recent trade activity. This could include increased domestic manufacturing and supply chain diversification.
Electronics Industry Demand Holds Steady Amid Tariff Turbulence
05/22/2025 | IPCElectronics manufacturers are bracing for higher costs as profit pressures deepen according to IPC’s May Sentiment of the Global Electronics Manufacturing Supply Chain Report.
IDC Expects Worldwide Telecom Services Market Growth to Slow Due to Uncertainty
05/19/2025 | IDCWorldwide spending on telecom services and pay TV services reached $1,510 billion in 2024, reflecting a 2.2% year-on-year increase, according to the Worldwide Semiannual Telecom Services Tracker published by International Data Corporation (IDC).
Copyright © 2025 I-Connect007 | IPC Publishing Group Inc. All rights reserved.
Log in