China officially adjusted its tariff lines and rates on January 1, implementing temporary tariff rates lower than the most-favored-nation (MFN) rates for 935 commodities. Meanwhile, it revoked temporary tariff rates for certain goods and restored MFN rates for such items, among other measures.

The United States has further postponed potential tariff hikes on China’s high-tech products such as semiconductors to 2027. It also decided to delay additional tariffs on upholstered furniture, kitchen cabinets, bathroom vanities, and other products, maintaining the current 25% tariff rate until 2027.

Mexico launched revised tariffs (ranging from approximately 5% to 50%) on 1,463 tariff lines imported from countries without free trade agreements (FTAs) on January 1. The affected goods include electric vehicles, auto parts, textiles, furniture, and other products from multiple nations such as China and Vietnam.

Overall, while maintaining the intensity of trade protection measures, countries are more inclined to balance costs, negotiations, and supply chain stability through adjustments to the pace of policy implementation and structural measures.