Overview
- The United States will cut the 20% fentanyl-related tariff on Chinese goods to 10%, reducing average U.S. tariffs on China from about 57% to roughly 47%.
- China will suspend for one year recently imposed export controls on rare earths and related strategic materials.
- Both governments will pause for a year reciprocal port fees and Section 301 maritime measures that were set to hit shipping and logistics.
- Washington will delay for one year a Sept. 29 expansion of export‑entity restrictions, and Beijing will hold off for a year on its Oct. 9 export‑control steps.
- Beijing pledged large purchases of U.S. agricultural products and tighter controls on fentanyl precursors, and U.S. and Chinese officials pointed to possible leader visits with Trump saying he expects to go to China in April.