A post by @FirstSquawk on X.
Beijing to Continue Pausing 24% Tariffs on US Imports Until January 10, Maintain 10% Tariff Rate
@FirstSquawk on X
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Beijing will extend its suspension of the additional 24% tariff on U.S. imports until January 10, keeping the rate at 10% during that period. The move preserves the interim trade truce between the world's two largest economies, avoiding an immediate escalation in duties on American goods. It matters because the tariff pause underpins cross-border trade flows and input costs for manufacturers and importers in both countries. What to watch next is whether the two sides convert the temporary extension into a longer-term agreement before the January 10 deadline, and whether the 10% rate is adjusted in the meantime.
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Named in this story
Beijing, United States