China has extended the suspension of an additional 24 per cent tariff on imports from the United States for another two months and prolonged the suspension of special port fees on US-linked vessels until January 10, 2027, signalling continued efforts to ease trade tensions between the two countries.
The 24 per cent additional tariff will remain suspended for two months from 1:01 pm GMT on November 10, 2026, while the existing 10 per cent tariff on affected US goods will continue to remain in force, according to reports citing China’s Finance Ministry.
Beijing has also extended the suspension of special port fees imposed on US-linked ships until January 10, 2027, and will continue to suspend its investigation into shipping and shipbuilding supply chain security.
The decisions are aimed at implementing the outcomes and consensus reached during the September meeting between the Chinese and US presidents in Washington, according to China’s State Council Tariff Commission.
The two countries had proposed a $60 billion package of reciprocal tariff reductions following the summit. The proposed arrangement includes nearly $17 billion worth of US agricultural products imported by China in 2024, although the package has yet to be finalised.
China said it would closely monitor Washington’s subsequent trade measures, particularly its stated intention to use Section 301 tariffs to replace duties imposed under the International Emergency Economic Powers Act (IEEPA), which have been invalidated by judicial rulings. Beijing indicated that it could adjust its tariff countermeasures depending on developments.
The extensions come amid a prolonged decline in bilateral trade. According to the International Monetary Fund’s October 2026 World Economic Outlook, Chinese exports to the US fell 22 per cent between February 2025 and January 2026, while US exports to China declined 25 per cent during the same period.
The latest measures provide a temporary reprieve for bilateral trade and maritime shipping, although uncertainties remain over the broader tariff dispute and its implications for global supply chains, shipping and international trade.