Chinese Mainland Extends Tariff Suspension on U.S. Imports for One Year
The Chinese mainland will keep suspending the 24% extra tariff on U.S. imports and maintain a 10% rate for one more year, effective Nov. 10, following China-U.S. trade talks.
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Chinese President Xi Jinping will attend the 32nd APEC Economic Leaders’ Meeting in Gyeongju, the Republic of Korea, highlighting the Chinese mainland’s push for multilateral economic dialogue.
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