economy
After a sharp escalation and de-escalation in 2025, the US and China agreed in November 2025 to extend a truce on this policy for one more year, through November 2026.
The US and China agreed to keep tariffs on each other's goods reduced, extending their truce through November 2026. This followed a period of sharp escalation earlier in 2025, when the average US tariff rate on Chinese goods spiked to around 22 percent, before negotiations brought rates back down as both sides sought to avoid further economic disruption.
Visa restrictions on students and shipping container fees were not the specific policy extended in this agreement, those are separate areas of US-China friction that have come up in other contexts but weren't the subject of this particular truce.
Despite the tariff truce, overall US-China trade volume still fell by roughly 30 percent, showing that both countries had already been actively diversifying their trading partners and supply chains away from each other regardless of any temporary tariff relief.
economy
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