# China extends its suspension of a 24% tariff on US goods for two months and keeps a 10% levy in place

The extension starts on November 10 and comes days before the Asia-Pacific Economic Cooperation (APEC) summit in China, where Trump and Xi Jinping are expected to meet, while a proposed $60 billion package of reciprocal tariff cuts remains unfinished.

- Published: 2026-11-09T05:08:23.120Z
- Canonical: https://polylog.news/2026-11-09/china-extends-its-suspension-of-a-24-tariff-on-us-goods-for
- Publisher: Polylog (Global desk)
- Section: macro
- Sources: [Investing.com (Reuters)](https://www.investing.com/news/commodities-news/china-extends-suspension-of-24-tariff-on-us-imports-for-two-months-5010427), [investingLive](https://investinglive.com/stocks/china-extends-suspension-of-24-tariffs-on-us-goods-keeps-10-levy-ahead-of-apec/), [FXStreet](https://www.fxstreet.com/news/china-to-extend-suspension-of-24-us-tariffs-for-two-months-from-nov-10-202611090310)

China [extended its suspension of an additional 24% tariff on US imports for two months](https://www.investing.com/news/commodities-news/china-extends-suspension-of-24-tariff-on-us-imports-for-two-months-5010427), according to a notice from the State Council's Customs Tariff Commission and the Finance Ministry. The 10% levy stays in force. The previous suspension was a one-year measure that began in November 2025 and was due to lapse this week. Without the decision, the higher rate could have returned.

The notice says the extension [runs from November 10](https://www.fxstreet.com/news/china-to-extend-suspension-of-24-us-tariffs-for-two-months-from-nov-10-202611090310) and implements understandings reached at the leaders' meeting in Washington. China's Commerce Ministry said the broader Kuala Lumpur trade arrangement runs until January 10, 2027, [investingLive reported](https://investinglive.com/stocks/china-extends-suspension-of-24-tariffs-on-us-goods-keeps-10-levy-ahead-of-apec/). A $60 billion package of reciprocal tariff cuts proposed after the September summit has not been finalized.

Beijing attached a warning. It said it will follow subsequent US measures closely and adjust its countermeasures as needed. It specifically cited US plans to replace tariffs imposed under the International Emergency Economic Powers Act (IEEPA) with tariffs under Section 301 of US trade law. The extension comes ahead of the APEC summit in China next week.

## What this means

The renewal is shorter than the one before it. Beijing replaced a one-year pause with a two-month one, which gives it a renewal decision every eight weeks instead of once a year. That keeps the next deadline close to both the APEC meeting and the January start of a Democratic Congress. US farm, aircraft and energy exporters whose China sales depend on the suspension are exposed, as are Chinese importers that need certainty to sign forward contracts. The consensus reads the extension as stability. In fact, the shorter term makes deadlines more frequent and keeps Beijing able to retaliate on short notice. This is consistent with how China, as a peer power to the US, manages the relationship, rather than committing to a long truce. The likelier outcome is either another short extension or a partial package announced at APEC. This depends on how Washington designs the Section 301 tariffs. If the replacement tariffs come in above current IEEPA levels and Beijing lets the suspension lapse on January 10, the truce has broken down.

## What to watch

- The level and scope of the US Section 301 tariffs that will replace the IEEPA measures. Higher rates would give Beijing a stated reason to end the suspension.
- Whether the $60 billion reciprocal-cut package is signed at APEC. Signing would replace two-month pauses with a fixed schedule and reduce deadline risk for exporters.
- Chinese purchases of US soybeans and energy over the next eight weeks. Rising orders would show that Beijing is treating the truce as durable.