China Extends Suspension of Additional 24% Tariffs on U.S. Imports by Two Months
China has decided to extend by two months the suspension of an additional 24% tariff on imports from the United States. The existing additional 10% tariff will remain in place.
On November 9, China’s State Council Tariff Commission announced that the suspension of the additional 24% tariff on imports from the United States would be extended by two months, effective at 1:01 p.m. on November 10. The move follows an agreement reached by the United States and China in September to extend their existing trade truce.
U.S. Treasury Secretary Scott Bessent said after meeting with Chinese Vice Premier He Lifeng in Washington, D.C., on September 23 that the two countries had agreed to extend their trade truce until January 10, 2027. The United States and China had agreed at a summit in Busan in October 2025 to suspend some trade retaliation measures, including high tariffs, for one year.
China, however, expressed concern about changes in U.S. tariff policy. The State Council Tariff Commission said it was monitoring moves by the United States to replace tariffs imposed under the International Emergency Economic Powers Act (IEEPA), which were invalidated by a court ruling, with tariffs under Section 301 of the Trade Act.
The commission warned that China could adjust its retaliatory tariffs depending on the situation after closely reviewing the United States’ follow-up measures. It also stressed that the extension of the tariff suspension would provide businesses in both countries with a stable and predictable policy environment and help ensure the steady development of U.S.-China economic and trade relations.
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On November 6, Vice Premier He held a video call with Secretary Bessent and U.S. Trade Representative Jamieson Greer to discuss trade issues between the two countries. During the call, China expressed concern about the United States’ recent economic and trade restrictions on China, while the U.S. side called for the faithful implementation of existing trade agreements.
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