#EthereumTurns10 $ETH

China and the USA will extend the suspension of mutual tariffs of 24% for 90 days, reports the Ministry of Commerce

Key Findings

China and the USA have agreed to pursue a 90-day extension of the suspended mutual tariffs of 24% and China's countermeasures.

This step is the result of a consensus in the economic and trade negotiations between China and the USA in Stockholm.

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

The Ministry of Commerce of China confirmed today that Beijing and Washington will continue efforts to extend the suspension of mutual tariffs of 24% for another 90 days, as well as China's corresponding countermeasures.