Trade conflict: US government: additional tariffs against China postponed again
Chinese President Xi Jinping has arrived in Washington. At the start of his visit, the US announces a further postponement of high tariffs.
US Finance Minister Scott Bessent announced that additional tariffs on Chinese imports, previously suspended until November, will be postponed for another two months until January 10. This decision was made ahead of Chinese President Xi Jinping's three-day state visit to Washington. The postponement is an extension of the Busan agreement, made in October by President Donald Trump and Xi Jinping, which temporarily suspended high additional tariffs.
The agreement came after several meetings between Bessent and Chinese Vice Premier He Lifeng. The US and China also have issues with export controls, with China restricting the export of rare earths and the US withholding advanced technology, including computer chips for artificial intelligence.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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