Overview
- China announced it will suspend additional duties on U.S. agricultural imports that had been imposed as retaliation.
- The suspended levies include up to 15% on items such as wheat and corn and 10% on goods including soybeans and beef, according to local reporting.
- The change takes effect on November 10, following a late-October leaders' agreement to ease tariff measures.
- The United States moved to cut its added tariffs on Chinese products from 20% to 10%, a step tied to earlier measures justified by fentanyl concerns.
- Jiji Press first reported the Chinese announcement as a breaking news alert at 13:10 JST on November 5.