Archive · 5 Nov 2025
China Extends Tariff Suspension on US Goods for One Year
China and the US, two big countries that trade a lot, had been putting extra taxes, called tariffs, on each other's products.
These taxes made things more expensive.
Now, they've decided to take a break from this.
For a whole year, China will not put an extra 24% tax on many things from the US, though a 10% tax will still be in place.
The US is also lowering its extra taxes on things from China, from 20% down to 10%.
This agreement also means China will stop putting special taxes on American farm products like chicken and soybeans for a year.
They are also pausing restrictions on certain companies and technologies, like those used to make rare earth metals.
This is like hitting a pause button on their trade disagreements to try and get along better.
China will extend the suspension of its 24% additional tariff on US goods for one year, effective November 10.
A 10% tariff on US goods will remain in place in China.
The US will reduce its additional tariffs on Chinese imports from 20% to 10%, effective November 10.
China will suspend additional tariffs targeting American farm products, including chicken, wheat, corn, cotton, soybeans, pork, beef, and dairy.
Both countries will suspend certain export control measures and tariffs for one year, including on US defense and aerospace firms, rare earths technology, and China's shipbuilding industry.
- Who
- China and the United States
- What
- China is extending the suspension of additional tariffs on US goods for one year, formalizing an agreement. The US is reducing its additional tariffs on Chinese imports. Both sides are suspending specific export control measures and tariffs on certain products and industries.
- When
- Announced on Wednesday (November 6, 2025), effective November 10, for one year. The agreement was reached last week between Presidents Xi Jinping and Donald Trump.
- Where
- China and the United States
- Why
- To formalize an agreement reached between Presidents Xi Jinping and Donald Trump, effectively prolonging a trade truce after months of negotiations and escalating tensions.
China's Actions
US Actions
Tariff Adjustments
China's Actions
China will extend the suspension of its 24% tariff on US goods for one year, and a 10% tariff on US goods will remain.
US Actions
The US will reduce its additional tariffs on Chinese imports from 20% to 10%, effective November 10.
Agricultural Tariffs
China's Actions
China will suspend related sector-specific tariffs, including additional measures targeting American farm products imposed in March (a 15% levy on chicken, wheat, corn, and cotton, and a 10% tariff on soybeans, pork, beef, dairy, and other agricultural goods).
US Actions
The article implies that the US had imposed tariffs related to fentanyl handling, which China's action on farm products partially addresses.
Export Controls and Entity Lists
China's Actions
China will extend suspensions to export control measures on US entities, including dozens of US defense and aerospace firms. China will also halt for one year restrictions on the export of rare earths technology.
US Actions
The US agreed to suspend for one year its 'Entity List' export restrictions on affiliates of blacklisted foreign companies and halt measures targeting China's shipbuilding industry.
- China's Suspended Tariff
- 24% on US goods
- China's Remaining Tariff
- 10% on US goods
- US Reduced Tariff
- From 20% to 10% on Chinese imports
- Effective Date
- November 10
- Duration
- One year
- Affected Agricultural Products (by China's suspended tariffs)
- Chicken, wheat, corn, cotton, soybeans, pork, beef, dairy, and other agricultural goods
- Affected US Entities (by China's suspended export control measures)
- Defense and aerospace firms
- Affected Technology (by China's suspended export control measures)
- Rare earths technology
Sources
China suspends 24% tariffs on US goods for one year, but retains import duty on a key product — What we know
China rolls back, suspends retaliatory measures against some US entities
China Extends Suspension Of Extra Tariffs On US Goods
