China Suspends Tariffs on Some US Products Following Trump-Xi Meeting

The CCP is also expected to end its retaliatory measures against U.S. semiconductor manufacturers.

A container ship is assisted by a tugboat as it arrives at the Port of Oakland on Oct. 10, 2025. Justin Sullivan/Getty Images

China said on Nov. 5 that it will suspend retaliatory tariffs on U.S. imports following a meeting between U.S. President Donald Trump and Chinese Communist Party (CCP) leader Xi Jinping in South Korea last week.

The tariff commission of China’s State Council said in a statement that it would suspend the 24 percent tariff imposed on U.S. goods in April for one year while keeping an additional 10 percent duty in place.