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Economy Politics Country 2025-11-05T07:26:07+00:00

China to Extend Tariff Suspension on U.S. Goods

China announces a one-year extension of the suspension of additional 24% tariffs on U.S. goods, maintaining the overall 10% tariffs. The decision was made by the State Council in Beijing.

China to Extend Tariff Suspension on U.S. Goods

China said on Wednesday it will extend the suspension of additional 24% tariffs on U.S. goods for a year, while keeping the comprehensive 10% tariffs in place. A statement published on the Ministry of Finance's website, citing the State Council in Beijing, said: 'The 10% tariffs on U.S. goods will be suspended for one year'.

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