China and the United States have extended their tariff pause until Jan. 10, 2027. China’s Commerce Ministry said the additional time would allow both sides to assess implementation of their agreements and discuss further steps to resolve economic and trade issues. The ministry said the extension would create a more stable and predictable policy environment for businesses and further talks.
The announcement followed the second meeting this year between Chinese President Xi Jinping and US President Donald Trump, held in Washington last week. One of the first issues for a planned bilateral trade council will be reciprocal tariff cuts covering about $30 billion worth of goods. Beijing said the arrangement could help stabilize bilateral ties and improve conditions for Chinese exports of the products to the US.
The two countries’ economic and trade teams also plan regular discussions on investment opportunities and barriers, policy transparency and predictability, and concerns raised by businesses. An agricultural working group under the council is expected to hold its first meeting before the end of 2026 to discuss market access and regulation.
China also said it would import US coal in 2027 and 2028. The ministry described the purchases as a supplement to China’s domestic market and said they would support revenue and jobs in the US coal industry.
China said it would review applications from foreign financial institutions, including those with US capital, to open branches. The countries have also established a communication channel for artificial-intelligence incidents and plan another dialogue by the end of November. The truce extension leaves time for negotiations, but further measures still need to be agreed and implemented.