CHINA has extended the suspension of an additional 24 per cent tariff on United States imports for another two months, while also prolonging a suspension of special port fees on US-linked vessels as part of efforts to stabilise bilateral trade relations.
China's State Council Tariff Commission said the suspension of the additional tariff would continue for two months from 1.01pm Singapore time on Nov 10, although an existing 10 per cent tariff would remain in place.
Reuters reported on Monday that the Transport Ministry separately announced that the suspension of special port fees on US-linked vessels would be extended until Jan 10, 2027.
China would also continue suspending an investigation into the security of shipping and shipbuilding supply chains, the ministry said.
The latest extensions are intended to implement the outcomes and consensus reached between the leaders of China and the US during their meeting in Washington in September, according to the tariff commission.
Following the summit, both countries proposed a US$60 billion (S$76 billion) package of reciprocal tariff reductions, including about US$17 billion worth of US agricultural products imported by China in 2024. However, the proposed package has yet to be finalised.
The commission also noted that Washington had repeatedly indicated its intention to use Section 301 tariffs to replace duties imposed under the International Emergency Economic Powers Act, which have been invalidated by judicial rulings.
China said it would closely monitor subsequent US measures and adjust its countermeasures accordingly.
It added that maintaining the suspension of additional tariffs on certain US goods would help provide a stable and predictable policy environment and support the development of bilateral economic and trade relations. - November 9, 2026