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Trump said the US would lower the tariff rate on China to 7.5% and cancel plans to target virtually all imports from that country on Sunday.
The Wall Street Journal reported a day earlier that US negotiators had offered to lower tariffs on roughly $360 billion worth of Chinese products.
The WTO move comes as Trump escalates protectionism on multiple fronts, including through plans to extend tariffs to all imports from China on Sunday.
Democrats and White House announce NAFTA rewrite, giving Trump a win as his impeachment scandal rages
Trump made a pledge to scrap the North American Free Trade Agreement a center of his campaign in 2016, calling it the "worst trade deal ever made."
US-based companies have warned of similar dilemmas, saying relocating to the US would be too costly or impractical in many cases.
Wine, cheese, makeup, and handbags: Here are all of the French products the Trump administration could hit with tariffs of up to 100%
The steep tariffs would cover household products ranging from French food and alcohol to luxury items.
Previous reports indicated further tariffs could be delayed as part of a broader trade agreement the US and China announced in October.
The blacklist's release was sped up to rebuke the US House of Representative's Xinjiang bill, China-backed Global Times tweeted Tuesday.
Trump administration proposes slapping new tariffs on $2.4 billion worth of French goods to retaliate against big tech tax
Critics said the tax has disproportionately hit large-scale technology companies that are based in the US.
President Donald Trump won over Rust Belt states in 2016 on pledges to revive American manufacturing.