信德海事网-专业海事信息咨询服务平台 登录 | 注册 [ 设为首页 ] [ 加入收藏 ] 中文版 ENGLISH WeChat Mobile --> --> ENGLISH   >   WORLD --> Xinhua: China and the United States Reach Consensus to Suspend Implementation of Section 301 Measures for One Year 2025-10-30 17:02 By： xinde marine news 分享： --> --> --> 评论 --> --> Spokesperson of the Ministry of Commerce Answers Questions on the Joint Arrangement Reached During the China-U.S. Economic and Trade Consultations in Kuala Lumpur   Q: It is understood that China and the United States have reached a joint arrangement in Kuala Lumpur on addressing their respective economic and trade concerns. Could the Ministry of Commerce provide more details on the consensus reached during the Kuala Lumpur consultations?   A: The heads of state of China and the United States have just held a meeting in Busan, the Republic of Korea, where they conducted in-depth discussions on China-U.S. economic and trade relations and other issues, and agreed to strengthen cooperation in these areas. China is willing to work together with the United States to maintain and implement the important consensus reached between the two heads of state.   Through the consultations in Kuala Lumpur, the Chinese and U.S. economic and trade teams reached the following main outcomes:   First, the U.S. side will cancel the additional 10% "fentanyl tariff" imposed on Chinese goods (including those from the Hong Kong Special Administrative Region and the Macao Special Administrative Region). The additional 24% reciprocal tariff imposed on Chinese goods (including those from the Hong Kong SAR and Macao SAR) will continue to be suspended for one year. The Chinese side will accordingly adjust its countermeasures against the above U.S. tariffs. Both sides agreed to continue extending certain tariff exclusion measures.   Second, the U.S. side will suspend for one year the implementation of its 50% penetration rule on export controls announced on September 29.