China has extended the suspension of an additional 24 percent tariff on US imports for two months from November 10. A separate 10 percent additional duty stays in place. Beijing links the extension to the Washington leaders’ summit and says it will monitor US plans to replace duties invalidated by a court ruling.
Geopolitics··Evening
The suspension runs for another two months
China has extended the suspension of an additional 24 percent tariff on goods imported from the United States for two months. The State Council Customs Tariff Commission announced the decision on November 9, with the extension taking effect on November 10. An existing additional duty of 10 percent remains in force. The measure continues a partial suspension rather than abolishing China’s additional duties on American products. Beijing presents the extension as implementation of the understanding reached by Presidents Donald Trump and Xi Jinping at their Washington summit, keeping the tariff pause in place as the two governments address remaining trade disputes. The announced start is 13.01 local time in China. The 24 percent portion therefore stays suspended.[1], [2]
Washington talks preceded the extension
US Treasury Secretary Scott Bessent had announced after September 23 talks in Washington with Chinese Vice Premier He Lifeng that the trade truce would continue through January 10. It had previously been due to expire on November 10. Monday’s announcement sets out China’s tariff implementation of that extension. Beijing says continuing the suspension is intended to provide a stable and predictable policy environment for businesses in both countries. The commission has nevertheless reserved the possibility of adjusting its retaliatory measures in response to subsequent American action, linking the continued pause to an ongoing review of developments in US trade policy.[1]
China watches the legal basis of US duties
The Chinese commission said Washington had repeatedly stated that it intended to replace duties imposed under the International Emergency Economic Powers Act, invalidated by a court ruling, with tariffs under Section 301 of the Trade Act. China says it will monitor those subsequent measures and adjust its countermeasures as circumstances warrant. The announcement follows a November 6 video conference between He, Bessent and US Trade Representative Jamieson Greer. During that discussion, the Chinese side expressed serious concern about recent US economic and trade restrictions. The American side, in turn, urged China to implement existing trade agreements. These exchanges accompanied the continued tariff suspension. China subsequently confirmed another two-month pause on the 24 percent additional tariff.[1]
