China has extended the moratorium on imposing an additional 24% tariff on US goods by two months. However, the 10% duty will remain in place. Learn about the impact of this decision on US and global trade.

China-US Tariffs: China's new move on tariffs

Efforts to de-escalate the trade war between the US and China are ongoing. In this context, China has decided to pause the additional 24 percent tariff on American goods for two more months. However, the existing 10 percent duty will remain in place. This decision will take effect on November 10, 2026.

This decision between the world's two largest economies comes at a time when both countries are trying to restore trade relations. This may provide some relief for American companies and businesses that sell to China. However, it does not mean that the tariff dispute between the two countries has completely ended.

How long will the tariff suspension last? 
According to China's Ministry of Finance, the levy of an additional 24 percent tariff on goods imported from the US will be suspended for two months. This will take effect at 1:01 pm on November 10th. However, the 10 percent additional tariff already imposed on US goods will remain in place.

This means that traders will currently get relief from the 24 percent extra duty on goods sent from America to China, but will have to pay 10 percent duty.

This tariff relief, agreed upon between Trump and Jinping, 
began in November 2025. At that time, US President Donald Trump and Chinese President Xi Jinping met in South Korea. The two leaders agreed to reduce trade tensions. Following this, China suspended an additional 24% tariff on US goods for one year and maintained a 10% duty. Now, China has extended this arrangement for two more months.

Why did China extend the tariff freeze?
The US and China have been locked in a long-standing tariff war. Both countries have been imposing heavy duties on each other's goods. According to China, the purpose of extending the tariff freeze is to implement the agreement reached between the two countries and maintain stable trade relations.

However, China has also indicated that it will closely monitor future US trade policies. If new steps are taken by the US, China may retaliate accordingly.