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Ministry of Commerce: China and the United States will continue to promote the 24% portion of the U.S. reciprocal tariffs that have been suspended, as well as China's countermeasures, to be extended for 90 days as scheduled.
[Ministry of Commerce: China and the US will continue to promote the 24% portion of the suspended US reciprocal tariffs and China's countermeasures to be extended for 90 days as scheduled] He Yadong, spokesperson for the Ministry of Commerce, stated at the regular press conference held on July 31 that based on the Consensus from the China-US Stockholm Economic and Trade Talks, both sides will continue to promote the suspended 24% portion of the US reciprocal tariffs and China's countermeasures to be extended for 90 days as scheduled, further stabilizing China-US economic and trade relations and injecting more certainty into global economic development and stability. (Xinhua News Agency)