China Extends 24% Tariff Suspension on US Imports for Two Months
Press coverage 1 newspapers covered this event: KUNA →
China announces the extension of a two-month suspension of an additional 24% tariff on US imports to maintain stability in trade relations.
Translated by Qiyas from الجريدة — Original source
China announced on Monday the extension of a two-month suspension of an additional 24 percent tariff on U.S. imports, while maintaining a 10 percent tariff, in a move aimed at preserving stability in trade relations between the two countries.
The Tariff Commission of the Chinese State Council stated in a bulletin that it decided to amend Announcement No. 4 of 2025, which had imposed a 34 percent tariff on all U.S. imports and goods in response to the “reciprocal tariffs” initiated by U.S. President Donald Trump.
It clarified that the additional 24 percent tariff would be suspended, while the 10 percent tariff on American products would remain in effect for one year starting from November 10, 2025. This follows Washington’s suspension of tariffs at the same rate and its cancellation of a 10 percent tariff imposed on Chinese products, based on the outcomes of their trade consultations held in Kuala Lumpur.
This adjustment comes ahead of a anticipated meeting between Chinese President Xi Jinping and his U.S. counterpart Donald Trump at the 33rd informal meeting of Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Forum, hosted by the city of Shenzhen on November 18 and 19.
