Wednesday, November 19, 2025

China suspends non-tariff measures after US extends tariff truce; Selective rollback targets medical equipment and aircraft leases in trade deal

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China suspends non-tariff measures after US extends tariff truce; Selective rollback targets medical equipment and aircraft leases in trade deal

China will stop some non-tariff actions against the United States after President Trump agreed to extend the tariff pause for 90 days just before it ended. This was announced in a joint statement by Chinese state media and confirmed by a White House executive order.

“China will keep its earlier tariff pause for 90 days starting August 12. It will also take or keep steps to stop or remove non-tariff actions against the United States, as agreed in the Geneva joint statement.” https://sg.news.yahoo.com/trump-extends-tariff-truce-china-011118055.html

The rollback focuses on certain areas. China will ease rules on medical equipment, ethane used in making plastics, and aircraft lease payments. But important sectors like semiconductors, rare earth minerals, and farm machinery are not included. U.S. businesses in petrochemicals and plane leasing may benefit, but many manufacturers will not.

“China wants to keep talks going but is not likely to give up much. It thinks it has strong power with rare earth exports and may use that to push back on the U.S.” https://www.msn.com/en-ph/news/other/trump-signs-order-to-extend-china-tariff-truce-by-90-days-us-media/ar-AA1Kl0PY

The White House order says the big yearly trade deficit with China is a security concern but also notes China has made important steps to fix some issues. The tariff pause will last until November 10.

“I hereby decide and order to pause the extra tariffs on China for 90 days as listed in the earlier executive order.” https://www.whitehouse.gov/presidential-actions/2025/08/further-modifying-reciprocal-tariff-rates-to-reflect-ongoing-discussions-with-the-peoples-republic-of-china/

This kind of truce is not new. The 2019 Phase One deal fell apart because of problems enforcing it and back-and-forth tariff increases. Today’s rollback looks similar: small changes, unclear checks, and uneven benefits.

“Both sides met in Geneva and agreed to partly roll back tariffs. Then the fight moved to non-tariff rules with China tightening controls on key minerals.” https://www.weforum.org/stories/2025/06/trumps-us-china-trade-tariffs-timeline/



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