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MOFCOM BJT

Q: Regarding the China-U.S. trade talks, can you provide more details on the consensus to extend the suspension of the 24% reciprocal tariffs and the corresponding Chinese countermeasures? (MOFCOM Regular Press Conference July 31, 2025)

A: According to the consensus reached at the China-U.S. economic and trade talks in Stockholm, the two sides will continue to push for the suspension of the 24% reciprocal tariffs and China’s corresponding countermeasures for 90 days, so as to further stabilize the China-U.S. economic and trade relations and inject greater certainty into global economic growth and stability.