China extends 24% tariff relief for 2 months ahead of anticipated Xi-Trump meeting
. . . maintains 10% duty, suspends additional tariffs on US goods
China has extended the suspension of additional tariffs of 24 percent on US imports for another two months, while retaining a 10 percent tariff, in a move aimed at maintaining stability in trade relations between the two countries.
China’s State Council Customs Tariff Commission announced the decision on Monday, saying it had amended Declaration No. 4 of 2025, which introduced additional tariffs on US goods in response to the reciprocal tariffs imposed by US President Donald Trump.
Under the revised arrangement, China will continue suspending the additional 24 percent tariffs while maintaining the 10 percent tariff on American products. The suspension will apply for two months, according to the announcement.
The arrangement follows trade consultations between Beijing and Washington in Kuala Lumpur, under which the United States agreed to suspend tariffs of the same percentage and remove another 10 percent tariff imposed on Chinese products.
The latest decision comes ahead of an anticipated meeting between Chinese President Xi Jinping and Trump on the sidelines of the 33rd Asia-Pacific Economic Cooperation (APEC) leaders’ informal meeting, scheduled to take place in Shenzhen on November 18 and 19.
The extension is intended to maintain the current tariff arrangements while the two countries continue efforts to stabilise their trade relationship.
