China Keeps Additional 24% U.S. Tariff Suspended

China will keep an additional 24% tariff on U.S. imports suspended for two months from November 10, while retaining a 10% tariff, the State Council Customs Tariff Commission said. The decision follows an understanding reached by Chinese and U.S. leaders during a September meeting in Washington, according to the commission.

The commission set the suspension to begin at 1:01 p.m. Beijing time on November 10. Its notice specifies a two-month period but does not give an exact expiration date or time. The 10% tariff on the affected U.S. goods remains in place during the suspension.

China’s Transport Ministry separately extended the suspension of special fees for U.S. ships docking at Chinese ports until January 10, 2027. That date also applies to the broader trade arrangement described by China’s Commerce Ministry, but the commission’s notice does not establish it as the end date for the additional tariff suspension.

The commission said China would closely monitor U.S. plans to replace emergency tariffs with duties under Section 301 of the Trade Act of 1974 and could adjust its countermeasures in response. The United States has said it intends to use Section 301 duties in place of...