Published : 09 Nov 2026, 10:44 AM
Updated : 09 Nov 2026, 10:44 AM
China will maintain the suspension of its additional tariff of 24 percent on US imports for two months from 13:01pm on Tuesday, but retain a tariff of 10 percent, its state council, or cabinet, said.
After September's Washington summit of their leaders, both sides proposed a $60-billion package of reciprocal tariff cuts, including roughly $17 billion worth of US farm goods that China imported in 2024, though the plan has yet to be finalised
China is extending the tariff suspensions to implement the "outcomes and consensus reached at the Washington meeting between the heads of state of China and the United States", the council's tariffs panel said in a statement
China has "noted that the US side has repeatedly stated that it intends to use Section 301 tariffs to replace the tariffs imposed under the International Emergency Economic Powers Act (IEEPA) that have been held invalid by judicial rulings" it said
China will "closely follow subsequent measures taken by the US side and will, as appropriate, adjust relevant tariff countermeasures in light of developments," it added
Continued suspension of some additional tariffs on US goods will help ensure a stable and predictable policy environment for ties and promote development of China–US economic and trade relations, it said