Odaily Planet Daily News: 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 will suspend the 24% tariff for 90 days starting on August 12, 2025, while retaining the remaining 10% tariff on these goods as stipulated in the Executive Order. 2. China will continue to (i) modify the implementation of the additional ad valorem tariffs on U.S. goods as stipulated in Tax Commission Announcement No. 4 of 2025, and will suspend the 24% tariff for 90 days starting on August 12, 2025, while retaining the remaining 10% tariff on these goods; and (ii) take or maintain necessary measures to suspend or cancel non-tariff countermeasures against the United States in accordance with the Geneva Joint Declaration. (Ministry of Commerce) (Jinshi)