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China suspends extra US tariffs for one year after Xi-Trump meeting

In a major development for global trade, China has announced that it will suspend an additional 24 percent tariff on United States goods for a period of one year, while maintaining a 10 percent levy on imports from the US. The announcement, made by the State Council Tariff Commission, signals a cautious step by Beijing toward easing long-standing trade tensions with Washington. The suspension is effective immediately and will remain in place for twelve months. The decision follows a

Global News

05 Nov 2025 01:13 AM 295 views

China suspends extra US tariffs for one year after Xi-Trump meeting

In a major development for global trade, China has announced that it will suspend an additional 24 percent tariff on United States goods for a period of one year, while maintaining a 10 percent levy on imports from the US. The announcement, made by the State Council Tariff Commission, signals a cautious step by Beijing toward easing long-standing trade tensions with Washington. The suspension is effective immediately and will remain in place for twelve months. The decision follows a

Global News

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China suspends extra US tariffs for one year after Xi-Trump meeting

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China suspends extra US tariffs for one year after Xi-Trump meeting

China suspends extra US tariffs for one year after Xi-Trump meeting

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