U.S.–China reciprocal tariff truce (expires November 10, 2026)
The May 2025 Geneva agreement suspended the triple-digit escalation between the U.S. and China; the November 2025 Kuala Lumpur arrangement extended the suspension through November 10, 2026, leaving a 10% reciprocal rate in place. The Supreme Court's February 2026 ruling voided the underlying IEEPA tariffs, but the truce still frames negotiations: as of June 2026 both sides have discussed terms for restoring tariffs under other authorities, and the truce's expiry remains the pivotal date in U.S.–China trade.
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Timeline
- PausedCourt ruling / statute
Underlying tariffs voided
The Supreme Court's IEEPA ruling voids the suspended tariffs themselves; the truce survives as the framework for restoration talks.
Official sources - PausedFederal Register
Kuala Lumpur arrangement: one-year truce
Suspension of heightened reciprocal rates extended through November 10, 2026; fentanyl tariff cut by 10 points; China commits on rare earths and agricultural purchases.
Official sources - PausedFederal Register
Truce extended 90 days
The suspension is extended while negotiations continue.
Official sources - PausedFederal Register
Geneva agreement pauses escalation
Both sides step back from triple-digit tariffs for 90 days; the U.S. reciprocal rate on China drops to 10% plus the 20% fentanyl tariff.
Official sources
Official sources
- November 2025 modification implementing the truce · 90 FR 50729
- White House fact sheet on the U.S.–China arrangement
Last verified 06/12/2026
Related measures
IEEPA fentanyl tariffs on China (struck down)
Tariffs on Chinese goods imposed in February 2025 over fentanyl trafficking: 10% at first, raised to 20% in March 2025, then cut back to 10% in November 2025 under the U.S.–China trade truce. The Supreme Court's February 2026 IEEPA ruling voided them entirely. As of June 2026 Washington and Beijing have discussed restoring equivalent tariffs under other authorities, but nothing has been formalized.
Section 301 tariffs on China (Lists 1–4A and 2024 strategic increases)
The original China tariffs: 25% on roughly $250B of imports (Lists 1–3) and 7.5% on List 4A, in force since 2018–2020, plus the 2024 four-year-review increases on strategic sectors — including 100% on EVs, 50% on solar cells and semiconductors, and 25% on lithium-ion batteries. These survived the IEEPA ruling untouched and remain the bedrock of U.S.–China tariff exposure. USTR initiated a second statutory four-year review in May 2026.
Current rate: 25% (Lists 1–3); 7.5% (List 4A); strategic-sector increases incl. 100% EVs, 50% solar cells and semiconductors, 25% lithium-ion batteries
Section 301 product exclusions (extended through November 10, 2026)
Exclusions that exempt specific products — mostly machinery and manufacturing inputs — from Section 301 China tariffs. As part of the November 2025 trade truce they were extended through November 10, 2026. Importers relying on an exclusion face a hard repricing if it lapses with the truce.
Current rate: 0% additional duty for excluded products (otherwise 25%)
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