2025.5.12 GoodsFox Daily E-commerce News: U.S.-China to Release Joint Trade Statement on May 12 After Constructive Talks U.S. Considers Slashing China Tariffs to 50–54%, First Major Reduction in 2025 Malaysia Launches Online Halal Certification System for Faster Approvals U.S.-China to Release Joint Trade Statement on May 12 After Constructive Talks J&T Express Faces Backlash Over Predatory Pricing in Southeast Asia Temu’s Full-Fulfillment Shutdown Drives Amazon Order Surge 1. U.S. Considers Slashing China Tariffs to 50–54%, First Major Reduction in 2025 The Trump administration is weighing a 50–54% tariff rate on Chinese imports—down from the current 145%—with potential implementation as early as next week. The proposed rate combines a 20% fentanyl-related duty and 34% reciprocal tariff, aligning with March discussions between Trump and U.S. retail executives […]