China announced the cancellation of the US "fentanyl tariff" of 10% on goods from China

The United States will cancel the so-called "fentanyl tariff" of 10% on Chinese goods, and the suspension period of the 24% reciprocal tariff on goods from China will be extended for another year. This was announced on October 30 by the Ministry of Commerce of the People's Republic of China.

"The United States will cancel the 10% so—called "fentanyl tariff" imposed on Chinese goods (including goods from the Hong Kong and Macao Special Administrative Regions), and the 24% fair tariff imposed on Chinese goods (including goods from the Hong Kong and Macao Special Administrative Regions) will remain in force for another year," - the message on the agency's website says.

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