China will keep its suspension of an additional 24% tariff on American goods in place for two more months, its finance ministry said on Monday, removing the risk of a sudden snapback in duties just as the year-old trade truce with Washington was due to expire.
The 24% rate will remain suspended from Tuesday, while a 10% additional tariff on US imports stays in force, the ministry said. The decision puts into effect the two-month extension of the truce that Presidents Xi Jinping and Donald Trump agreed during Xi’s visit to Washington in September.
The original one-year suspension was agreed in November 2025 under the deal struck by Trump and Xi in Busan, South Korea, and was due to lapse on 10 November. Without a fresh decision, the higher rate could have returned automatically this week, hitting American exporters just as both sides try to steady the relationship.
The extension also covers shipping. China’s transport ministry said it would keep suspending special port fees on US-linked vessels until 10 January 2027, the same date the tariff suspension now runs to. The two-month window is far shorter than the six-month to one-year extension Washington had initially sought, keeping pressure on both sides to reach a longer settlement.
The two sides have also proposed reciprocal tariff cuts worth about $60 billion, including roughly $17 billion of US farm goods, and set up a joint Board of Trade to identify non-sensitive goods for lower duties. Beijing noted that Washington has said it plans to replace tariffs imposed under emergency-powers legislation, which courts have ruled invalid, with duties under Section 301 of the Trade Act, and said it would watch closely what the United States does next.
The announcement comes days before next week’s APEC summit in China, where Trump has said he expects to meet Xi, giving the two leaders a chance to build on the short extension before it runs out in January.
Sources: Reuters (https://www.reuters.com/world/asia-pacific/china-extends-suspension-24-tariff-us-imports-two-months-2026-11-09/); Xinhua News Agency, via Anadolu Agency.
