China will postpone the 24 percent additional tariff it imposed in retaliation against the USA for another 2 months

In the statement made by the State Council, which performs the cabinet function in China, it was stated that the 1-year postponement, which will expire on November 10, will be extended for another 2 months.

In the statement, it was stated that the customs duty increase at the same rate against the 10 percent additional tariff, which the USA calls the "base tariff", will be preserved, and it was emphasized that continuing the postponement will contribute to providing a stable and predictable political environment for the cooperation of companies of the two countries, and will encourage the stable and sustainable development of China-US economic and commercial relations.

Relations between the United States and China were knotted in a series of disputes that expanded during Donald Trump's second term as president, on the one hand, with the Washington administration's tariff increases and restrictions in the field of technology, and on the other hand, with the steps taken by China to control rare earth elements, from which the majority of the global supply is met.

At the meeting between President Trump and Chinese President Xi Jinping in Busan, South Korea, on October 30, 2025, the parties reached a temporary compromise on the dispute issues, and the two countries announced that they had agreed to postpone the 24 percent additional tariff they imposed on each other within the scope of "reciprocal tariffs" for one year, starting from November 10.