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US-China Deal Freezes Combined Tariff at 30% for 60 Days; New Board of Trade Opens for Comment

By ANKPOST Research · 2026-06-24

On June 11, 2026, the US and China announced a trade deal that leaves the current 20% "fentanyl" tariff and 10% "reciprocal" tariff in place — a combined 30% — while pausing higher tariffs that had been under consideration for 60 days. Separately, the US government has begun seeking public comment on the scope of a new US-China Board of Trade, agreed during a bilateral summit, that would work toward reduced tariff rates on goods from both countries in non-sensitive sectors.

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What does "pausing higher tariffs" actually mean for importers?

The deal does not lower the existing 30% combined rate — it holds it steady and defers any additional increase for 60 days. China's overall effective tariff rate has separately declined to 24% as of mid-June, down from earlier 2026 peaks, though that figure blends multiple tariff programs and does not reflect the specific 30% rate on goods subject to the fentanyl and reciprocal tariffs. Importers should not read the headline "deal" as a rate cut; it is a stay against further escalation, with the clock resetting in roughly 60 days from June 11.

Tariff Component Rate Status After June 11 Deal
"Fentanyl" tariff 20% Held steady
"Reciprocal" tariff 10% Held steady
Combined rate 30% Frozen for 60 days
Higher tariffs under consideration Paused, not cancelled

How does this interact with the separate forced-labor tariff proposal?

This 30% freeze is independent of the Section 301 forced-labor tariff proposal working through USTR's comment and hearing process. A trade truce on one tariff track does not pause parallel tariff investigations on other tracks — importers exposed to both should track them separately rather than assuming a deal on one resolves exposure on the other.

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