China extends 24% tariff suspension on US goods for 2 months, retains 10% levy
( November 9, 2026, 03:37 GMT | Official Statement) -- MLex Summary: China will extend the suspension of an additional 24 percent tariff on US imports for two months while retaining a 10 percent additional tariff, effective from 1:01pm on Tuesday, the Customs Tariff Commission of the State Council said in a notice issued Monday. The move aims to implement understandings reached by the Chinese and US leaders during their meeting in Washington. In a separate press release, the commission said China would closely monitor potential US moves to replace tariffs imposed under the International Emergency Economic Powers Act with Section 301 tariffs, and adjust its retaliatory measures as appropriate.Statements follow (in Chinese)....
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