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China and US agree to extend tariff pauses
July 30, 2025
|The Morning Standard
CHINA and the US have agreed to continue their tariff pauses on each other, China's top trade official said Tuesday in Stockholm, following a two-day meeting with US officials.
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Speaking with the press, Li Chenggang said the two sides had 'constructive' and 'candid' discussions and agreed to keep the tariffs at current levels, the US taxing Chinese goods at 30 per cent and China collecting 10 per cent on US products.
Li also said the two sides had 'comprehensive and in-depth' discussions on micro-economic issues, agreeing to keep close contact and 'communicate with each other in a timely manner on trade and economic issues'.
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