China, U.S. to Extend Suspension of 24% Reciprocal Tariffs for 90 Days, Says Ministry of Commerce

Key Takeaways

China and the U.S. agreed to push for a 90‑day extension of the suspended 24% reciprocal tariffs and China’s countermeasures.

The move stems from consensus at the China‑U.S. Stockholm economic and trade talks.

Officials say the extension will stabilize bilateral trade ties and provide greater certainty for global economic growth.

China’s Ministry of Commerce confirmed today that Beijing and Washington will continue efforts to extend the suspension of the 24% reciprocal tariffs for another 90 days, along with China’s corresponding countermeasures.

Ministry spokesperson He Yadong said at a regular press briefing that the decision follows agreements reached during the recent China‑U.S. Stockholm economic and trade talks.

Boosting Stability in Global Trade

He emphasized that the extension aims to further stabilize Sino‑U.S. economic and trade relations, adding that the pause on tariffs provides “more certainty for global economic development and stability.”

The suspended tariffs, originally set at 24%, have been a flashpoint in trade negotiations. Analysts believe the extension signals a willingness from both nations to maintain dialogue and prevent trade tensions from escalating.