https://sputnikglobe.com/20251105/trade-war-hits-snooze-china-freezes-extra-us-tariffs-for-year-1123064384.html
Trade War Hits Snooze? China Freezes Extra US Tariffs for Year
Trade War Hits Snooze? China Freezes Extra US Tariffs for Year
Sputnik International
China has announced it is extending a suspension of additional 24% tariffs on US goods for one year.
2025-11-05T07:16+0000
2025-11-05T07:16+0000
2025-11-05T07:16+0000
world
us
china
donald trump
xi jinping
tariffs
trump tariffs
https://cdn1.img.sputnikglobe.com/img/07e9/0b/05/1123064512_0:160:3073:1888_1920x0_80_0_0_09cbbe066efb9e68a765e3da3b904c90.jpg
A 10% tariff “will remain," says a statement published on China’s Ministry of Finance website. The decision follows "the consensus reached in the China-US economic and trade consultations" and is to be effective from November 10. China is also to cease implementing the additional tariff measures of up to 15% imposed in March targeting a list of US agricultural goods. This announcement formalizes the agreement ironed out between the two countries' leaders, Xi Jinping and Donald Trump, in South Korea. The US released a fact sheet this weekend saying that it would cut its additional tariffs on Chinese imports from 20% to 10%. It noted that China had agreed to suspend the expansive new export controls on rare earths that it announced on October 9—a major pressure point that had spooked the US.
https://sputnikglobe.com/20251012/tariffs-threats-is-the-wrong-way-to-interact-with-china--ministry-of-commerce-1122944947.html
china
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2025
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
us-china trade war, us tariffs on china, china extends suspension of additional 24% tariffs on us goods,
us-china trade war, us tariffs on china, china extends suspension of additional 24% tariffs on us goods,
Trade War Hits Snooze? China Freezes Extra US Tariffs for Year
China has announced it is extending a suspension of additional 24% tariffs on US goods for one year.
A 10% tariff “will remain," says a statement published on China’s Ministry of Finance website.
The decision follows "the consensus reached in the China-US economic and trade consultations" and is to be effective from November 10.
China is also to cease implementing the additional tariff measures of up to 15% imposed in March targeting a list of US agricultural goods.
This announcement formalizes the agreement ironed out between the two countries' leaders,
Xi Jinping and Donald Trump, in South Korea.
The US released a fact sheet this weekend saying that it would cut its additional tariffs on Chinese imports from 20% to 10%.
It noted that China had agreed to suspend the expansive new
export controls on rare earths that it announced on October 9—a major pressure point that had
spooked the US.
