China will extend the suspension of an additional 24 percent tariff on U.S. products, port fees on U.S.-linked ships, and rare-earth export controls for another two months.
The regime’s ministries announced the decision in a flurry of statements on Nov. 9, and the extension is meant to implement a deal reached in Washington in September between Chinese leader Xi Jinping and U.S. President Donald Trump.
The yearlong tariff pause was originally set to expire on Nov. 10. The move effectively extends the trade truce with the United States until mid-January.
The latest tariff pause for U.S. goods will take effect at 1:01 p.m. local time (12:01 a.m. ET) on Nov. 10. China will continue to levy its blanket 10 percent duty on U.S. imports, the regime’s State Council’s tariffs commission said.
China will suspend through Jan. 10, 2027, a plan to impose additional fees on U.S. vessels docking at Chinese ports, the Ministry of Transport said in a statement. It will also halt the investigation into related U.S. industries for two months, the ministry said.
Separately, the Ministry of Commerce also confirmed it will continue to postpone implementing rare-earth export curbs and other related measures announced in October 2025. The suspension will take effect on Nov. 11 and will run through Jan. 10. The ministry gave no further details in the brief notice.
The sanctions on five U.S. subsidiaries of leading South Korean shipbuilder Hanwha will remain suspended for another two months, according to a separate notice from the commerce ministry.
In addition, restrictions on 11 U.S. companies added to China’s “unreliable entities list,” along with a dual-use export ban affecting 16 American companies, will also be suspended through Jan. 10, according to the ministry.
The extensions of the trade curbs pause resulted from the eighth round of trade negotiations in New York, led by Chinese Vice Premier He Lifeng, U.S. Treasury Secretary Scott Bessent, and U.S. Trade Representative Jamieson Greer, according to the commerce ministry.
Chinese authorities will closely monitor Washington’s next step as it moves to replace the tariffs imposed under Trump’s emergency powers with new measures under Section 301 of the Trade Act of 1974, according to state broadcaster CCTV. Beijing will adjust its countermeasures in light of further developments, it added.
After September’s negotiations with Chinese trade representatives, Bessent said the two-month economic détente was to “give us more time to see what we can do on the economic front.”
“There are some deliverables that have not been perfect on the Chinese side,” he told Fox News at the time.
Trump and Xi struck the original bilateral trade truce in October 2025, when they sat down in Busan, South Korea. Aside from a mutual suspension of tariffs, Beijing agreed to curb the flow of fentanyl precursors and resume purchases of American farm products.
During last week’s online conference with He, the top Chinese trade negotiator, Bessent and Greer called on the Chinese regime to fulfill its commitment in the Busan trade deal, particularly on rare-earth supply and the purchase of U.S. agricultural products.
“I emphasized the importance of China fully and immediately honoring its commitments, raised concerns about recent Chinese actions and underscored that progress depends on concrete results,” Bessent wrote on X after the Nov. 6 meeting.
Trump and Xi are set to meet again in less than two weeks on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in the southern Chinese city of Shenzhen.
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