{"id":465926,"date":"2026-09-24T10:24:41","date_gmt":"2026-09-24T08:24:41","guid":{"rendered":"https:\/\/www.eunews.it\/2026\/09\/24\/dazi-camera-commercio-ue-bene-lestensione-della-tregua-usa-cina-ma-resta-incertezza\/"},"modified":"2026-09-24T12:09:57","modified_gmt":"2026-09-24T10:09:57","slug":"tariffs-eu-chamber-of-commerce-welcomes-extension-of-the-us-china-truce-but-uncertainty-remains","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2026\/09\/24\/tariffs-eu-chamber-of-commerce-welcomes-extension-of-the-us-china-truce-but-uncertainty-remains\/","title":{"rendered":"Tariffs: EU Chamber of Commerce welcomes extension of the US\u2011China truce, but uncertainty remains"},"content":{"rendered":"<p>Brussels \u2013 The European Union Chamber of Commerce in China, an&nbsp;<a href=\"https:\/\/www.europeanchamber.com.cn\/en\/european-chamber-background\" target=\"_blank\" rel=\"noopener\">organisation<\/a> founded in 2000 that counts 1,600 member companies and is recognised by the European Commission and the Chinese authorities as the official voice of European businesses in China, &nbsp;\u201cwelcomes the two-month extension\u201d to the trade war between Washington and Beijing. Yesterday,&nbsp;US Treasury Secretary&nbsp;<strong>Scott Bessent<\/strong> <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/us-treasurys-bessent-chinas-he-meet-unfinished-business-before-trump-xi-summit-2026-09-23\/\" target=\"_blank\" rel=\"noopener\">announced an agreement to extend<\/a> \u201cthe economic truce between the two countries, which was due to end on 10 November\u201d. Now, however, \u201cit will now expire on&nbsp;10 January.\u201d<\/p>\n<p>&nbsp;According to the European Chamber of Commerce, this is good news as \u201c<strong>the implementation of the planned export controls on rare earths would have a crippling impact on industry<\/strong>.&#8221; However, \u201c<strong>significant uncertainty remains over how the situation will develop beyond the 10th January deadline,<\/strong>\u201d and \u201cthe European Chamber&nbsp;hopes to see the two sides using this extension to work towards finding a permanent solution for their respective concerns that ensures the&nbsp;predictability and reliability of global supply chains,&#8221; said <strong>Jens Eskelund<\/strong>, President of the European Chamber of Commerce. Furthermore, the extension \u201cdoes not address underlying challenges companies experience when it comes to applying for both single and general export licences.&#8221; In this context, the Chamber of Commerce has identified three main issues: \u201cA lack of coordination between the Ministry of Commerce and the General Administration of Customs; the fact that information disclosure requirements&nbsp;required for export control licence applications are not standardised (meaning companies are at times asked for different information, including when making repeat applications); and a lack of clarity as to why some applications are unsuccessful.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brussels \u2013 The European Union Chamber of Commerce in China, an&nbsp;organisation founded in 2000 that counts 1,600 member companies and is recognised by the European Commission and the Chinese authorities as the official voice of European businesses in China, &nbsp;\u201cwelcomes the two-month extension\u201d to the trade war between Washington and Beijing. Yesterday,&nbsp;US Treasury Secretary&nbsp;Scott Bessent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":465901,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705,25774],"tags":[35882,35883,25916,26598,33802,33394,26104],"class_list":["post-465926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-in-brief","tag-bessent","tag-camera-commercio","tag-cina-en","tag-dazi-en","tag-tregua","tag-ue","tag-usa-en-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/465926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=465926"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/465926\/revisions"}],"predecessor-version":[{"id":465927,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/465926\/revisions\/465927"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/465901"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=465926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=465926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=465926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}