China will temporarily suspend imposing additional tariffs on US goods.

According to Global Times, an official statement from the State Council's Customs and Tariff Commission said that China's latest move is part of an effort to implement the outcomes of recent China-US economic and trade consultations.

"To implement the results of economic and trade consultations between China and the United States, China will temporarily suspend the application of additional tariffs," according to an announcement by the State Council's Customs Tariff Commission regarding the application of additional tariffs on certain imported goods originating from the United States. This decision takes effect at 1:00 PM on November 10, 2025.

The document notes that the continued suspension of certain tariffs contributes to the healthy, stable, and sustainable development of bilateral trade and economic relations, benefiting the people of both countries and promoting global prosperity.

On the same day, China also announced adjustments to its additional tariff measures on certain imported goods from the United States. According to the announcement, the 24% additional tariff on imports from the US will be suspended for one year, while the 10% additional tariff will remain in place.

The Chinese Ministry of Commerce previously reported that following talks with China in Kuala Lumpur (Malaysia), the US decided to lift the 10% "fentanyl tariff" on Chinese goods, and the reciprocal 24% tariff on Chinese goods would be suspended for another year. China will also adjust its retaliatory measures.

On October 30, US President Donald Trump and Chinese President Xi Jinping met at Gimhae Air Base in Busan, South Korea. Following the meeting, the two sides reached a one-year trade agreement. Specifically, the US reduced tariffs on Chinese goods from 57% to 47%, and also reduced tariffs on fentanyl from 20% to 10%.