🔺 China, in line with the Xi–Trump deal, extends the suspension of tariffs and export limits

◾ China extended the suspension of additional tariffs on American goods and export restrictions on sensitive materials to preserve part of the trade agreements with Washington.

◾ Based on a statement from the Tariff Commission, the suspension of the 24% tariff will continue for two months, but the 10% tariff remains in effect.

◾ The suspension of restrictions on exports of rare elements and technology for lithium batteries, special port fees for vessels linked to the United States, and sanctions on five subsidiaries of the “Hanwa Ocean” company were also extended until January 10, 2027.

◾ This move reduces the risk of disruption to U.S. industries, but it does not mean all controls are lifted.