October 30, 2025

China's Ministry of Commerce (MOFCOM) announced on Thursday that the US will cancel the 10-percent so-called "fentanyl tariffs" and suspend the 24-percent reciprocal tariffs levied on Chinese goods for a year, while China will adjust countermeasures against related US tariffs accordingly. 

The announcement unveiled the outcomes achieved by Chinese and US delegations during their recent economic and trade talks in Kuala Lumpur.

According to a MOFCOM spokesperson, the US side will cancel the 10-percent so-called "fentanyl tariffs" and suspend, for an additional year, the 24-percent reciprocal tariffs levied on Chinese goods, including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region. 

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