Overview
- China’s Commerce Ministry and Customs ordered an immediate, one-year suspension of the October 9 controls on rare earths, related technologies, superhard materials and lithium‑battery inputs, effective through November 10, 2026.
- The pause covers an extraterritorial rule that had required foreign exporters to secure licenses for items containing more than 0.1% Chinese-origin material or produced with Chinese rare‑earth technology.
- Beijing extended the one‑year suspension of an additional 24% tariff on U.S. imports and will end extra duties of up to 15% on certain American agricultural goods starting November 10.
- Authorities will restore soybean import licenses to three U.S. companies and lift the suspension on purchases of U.S. logs beginning November 10.
- U.S. officials announced reductions in some tariffs on Chinese goods, and a reported 75% jump in China’s rare‑earth exports from September to October points to near‑term supply stabilization.