U.S. Cuts China Tariffs to 10% as Beijing Extends Pause on Extra Duties in Fentanyl Pact
The reduction takes effect November 10 under the Busan deal linking tariff relief to Chinese curbs on fentanyl materials with U.S. monitoring.
Overview
- President Trump signed an executive order lowering the additional tariff on Chinese imports from 20% to 10%, with the change effective November 10.
- China said it will extend for one year the suspension of an extra 24% duty on U.S. goods while keeping a 10% tariff in place.
- Beijing pledged to disrupt shipments of materials used to produce fentanyl bound for the United States under commitments discussed in Busan.
- The White House said U.S. authorities will oversee Chinese compliance with the fentanyl-related commitments.
- The talks also yielded a suspension of harsher reciprocal tariffs through November 10, 2026, creating a window to assess enforcement.