China Extends Pause on Retaliatory Tariffs on US Goods, Rare-Earth Export Curbs by 2 Months
The decision effectively extends the trade truce until January and came just days before an expected meeting between Trump and Xi in Shenzhen this month.
China has announced a two-month extension for the suspension of additional tariffs on U.S. products, port fees on U.S.-linked ships, and rare-earth export controls. This decision implements a September deal between Xi Jinping and Donald Trump and effectively extends the trade truce until mid-January. The tariff pause will take effect on November 10, though China will continue to levy a 10 percent duty on U.S. imports.
- China extends the suspension of an additional 24 percent tariff on U.S. products for two months.
- Port fees on U.S.-linked ships and rare-earth export controls will also be suspended for two months.
- This extension implements a September deal between Xi Jinping and Donald Trump.
- The trade truce with the United States is effectively extended until mid-January.
- The tariff pause takes effect on November 10, with China continuing a 10 percent duty on U.S. imports.
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