5月12日，中美兩國政府發布聯合聲明，宣布在2025年5月14日之前，分別暫停對對方部分商品加征的24個百分點附加關稅，為期90天，同時撤銷4月初以來新增的多項懲罰性關稅。

On May 12, the governments of China and the United States issued a joint statement announcing a 90-day suspension of 24 percentage points in additional tariffs on each other's goods, to take effect by May 14, 2025. The two sides also agreed to withdraw several punitive tariff measures enacted since early April.

聲明看點速讀Key Takeaways:

1.中美分別保留10%關稅底線，釋放戰術緩和信號。

Both sides retain a 10% base tariff rate—marking tactical de-escalation, not full resolution.

2.新設“經濟與貿易磋商機制”，中方由副總理何立峰牽頭，美方則由財政部長Scott Bessent及貿易代表Jamieson Greer聯合代表。

A new economic dialogue mechanism will be established, led by Chinese Vice Premier He Lifeng, and U.S. Treasury Secretary Scott Bessent alongside USTR Jamieson Greer.

3.中美同意未來可在第三國輪流會晤，并按需開展工作層級會談。

Bilateral talks may alternate between China, the U.S., or a third country; working-level meetings will be held as needed.

市場反應迅速：全球多地股市上漲，原材料價格上揚，避險情緒短暫回落。Global markets responded instantly—with major stock indices rising, commodity prices edging up, and a temporary dip in risk aversion.

深層含義：

雖然聲明為緊張關系按下“暫停鍵”，但真正解決技術轉讓、市場準入與地緣博弈等深層問題，仍需長期對話與妥協。

While the statement pushes the pause button on tensions, resolving deeper issues such as tech transfer, market access, and strategic rivalry will require long-term dialogue and compromise.

本次聲明更像一場“政策止血”行動，為兩國贏得喘息與重啟合作窗口。對企業而言，這既是戰略轉圜，也是再次評估脫鉤風險的良機。

This is best seen as a policy tourniquet—buying time and reopening a window for engagement. For businesses, it’s a chance to recalibrate and reassess decoupling risks.