---
title: "Wall Street steady ahead of open after China prolongs US tariff suspension"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-11-05T12:46:17+00:00"
modified: "2025-11-05T12:46:17+00:00"
date: 2025-11-05
canonical: "https://www.share-talk.com/wall-street-steady-ahead-of-open-after-china-prolongs-us-tariff-suspension/"
category: "B2B"
categories: ["B2B", "Blogs", "Business & Support Services", "Technology", "Technology, Media & Telecoms"]
tags: ["ARTIFICIAL INTELLIGENCE", "china", "Dow Jones", "Gold", "Nasdaq Composite", "oil prices", "Palantir Technologies", "S&P 500", "Treasury yields", "Wall Street"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/05/CHINA-V-USA.webp?fit=1200%2C800&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Wall Street steady ahead of open after China prolongs US tariff suspension

**Published:** November 5, 2025
**Author:** sharetalk
**Categories:** B2B, Blogs, Business & Support Services, Technology, Technology, Media & Telecoms
**Tags:** ARTIFICIAL INTELLIGENCE, china, Dow Jones, Gold, Nasdaq Composite, oil prices, Palantir Technologies, S&P 500, Treasury yields, Wall Street
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/05/CHINA-V-USA.webp?fit=1200%2C800&quality=80&ssl=1)

---

**U.S. stocks** showed little direction in **premarket trading on Wednesday** after **China** announced it will **extend a suspension of additional tariffs on U.S. goods for one year**, signalling a continuation of the fragile trade truce between the world’s two largest economies.

The **Dow Jones Industrial Average** was **flat**, while the **S&P 500** and **Nasdaq Composite** edged **0.2% to 0.3% lower**, as investors weighed the implications of the renewed agreement on global trade and inflation prospects.

The move formalises the **deal reached last week** in talks between **Chinese President Xi Jinping** and **U.S. President Donald Trump** during their meeting in **South Korea**, where the leaders agreed to **prolong the current trade détente** for another year.

A statement released on the **Chinese Ministry of Finance** website, citing the **State Council**, confirmed that:

> “For one year the 24% tariff on U.S. goods will continue to be suspended, and a 10% tariff on U.S. goods will remain.”

The decision, effective **November 10**, reflects “**the consensus reached in the China-U.S. economic and trade consultations**,” the ministry added.

On Tuesday, **President Trump** reciprocated by formalising a U.S. move to **halve additional tariffs on Chinese imports from 20% to 10%**, also effective from **November 10**, in a step aimed at easing trade tensions.

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