Overview
- China will suspend newly announced rare‑earth export controls for about one year and resume purchases of U.S. soybeans.
- The United States is cutting certain fentanyl‑related tariffs on Chinese goods to 10 percent and rescinding some measures against suspected export‑control evasion.
- In his first public remarks after the meeting, Xi Jinping urged keeping supply chains open at the APEC gathering in Gyeongju, as Trump left early and Treasury Secretary Scott Bessent represented the U.S.
- Analysts and leading German industry groups described the arrangement as fragile and short on details, urging companies and governments to keep reducing reliance on Chinese critical inputs.
- Key flashpoints were deferred or unclear—Taiwan and high‑tech controls were largely untouched, Trump’s claim that China will help on Ukraine remains unverified, and U.S. and Chinese defense chiefs exchanged cautions over Taiwan in Kuala Lumpur.