China Delays Expiration of Tariffs on US Imports by Two Months

Chinese authorities confirmed an extension of the existing bilateral trade truce with the United States by two months, maintaining the suspension of a 24% additional tariff on incoming American products until January 10, 2027. Under the mandate announced by the State Council, a baseline 10% tariff will stay active on American imports. The prior reprieve was set to lapse on Tuesday, ahead of expected interactions between President Donald Trump and Chinese President Xi Jinping at the upcoming APEC summit.

Alongside the tariff postponement, China's Ministry of Commerce disclosed extensions on export-control exemptions for designated critical minerals and linked processing technologies through early January. Regulatory relief affecting 11 American corporations on the unreliable entities registry and 16 firms on Beijing's export control schedule was similarly prolonged. The development follows prior bilateral talks proposing reciprocal tariff reductions across $60 billion in trade, encompassing roughly $17 billion of American agricultural exports.