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7/28/2026
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Markets weigh the chances of a surprise Fed rate hike - In less than 24 hours, the Fed will announce its interest rate decision. While the consensus forecast is for rates to remain unchanged, a number of market participants are expecting a surprise hike.

China will suspend an additional 24% duty on goods from the United States

11/05/2025
Economy
China will suspend an additional 24% duty on goods from the United States
China will suspend an additional 24% duty on goods from the United States

The Tariff Commission of the State Council of China said on Wednesday it would suspend an additional 24% duty on American goods for a period of one year

At the same time, it will maintain a 10% fee as part of measures to implement agreements reached during recent trade consultations between China and the United States.

According to an official statement, the adjustment was approved by the State Council and will take effect from 13:01 local time on November 10, 2025.

The Commission said that the continued suspension of certain bilateral tariffs is aimed at promoting the "healthy, stable and sustainable development" of trade and economic relations between China and the United States, which will benefit the peoples of both countries.

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