Nov. 10: U.S. and China ease tariff measures
Beginning Nov. 10, the U.S. will adjust tariffs on Chinese goods, lowering fentanyl-related tariff rates, extending the suspension period for reciprocal tariffs and the validity of Section 301 tariff exemptions and pausing export controls and port fee policies for one year. For its part, China will suspend a 24% tariff on certain U.S. imports for one year, while keeping a 10% rate, and will cease levying additional tariffs on some products.
