Overview
- China will suspend for one year its prohibition on exporting dual-use gallium, germanium and antimony to the United States, with the pause running to November 27, 2026.
- Beijing has also halted for a year the October export controls on rare earths, related technologies and lithium-battery inputs, including an extraterritorial licensing rule, effective through November 10, 2026.
- China is pausing an additional 24% tariff on U.S. goods and will cease extra 15% levies on certain U.S. agricultural imports from November 10, while suspending measures against 15 U.S. entities and extending suspensions for 16 others.
- The U.S. administration reduced some tariffs on Chinese imports, reported as a move from 20% to 10%, linked to Chinese commitments such as curbing fentanyl precursor flows and boosting purchases like soy.
- Market signals point to easing strain, with Chinese rare-earth exports rebounding an estimated 75% from September to October, yet all steps are explicitly temporary and subject to monitoring through 2026.