Overview
- China will issue general licences covering rare earths, gallium, germanium, antimony and graphite for US end users, effectively suspending newer controls and earlier restrictions.
- Beijing will terminate probes targeting US semiconductor-supply firms and will take steps to allow Nexperia’s China facilities to resume shipments.
- The United States will halt a threatened 100% tariff, pause some reciprocal tariffs for a year, and extend certain Section 301 tariff exclusions to Nov. 10, 2026.
- The White House says China will purchase 12 million metric tons of US soybeans this season and at least 25 million metric tons annually for the next three years, while fentanyl-linked tariffs drop to 10%.
- US officials outlined further de-escalation measures, including a pause on expanding curbs to additional Chinese firms and relief tied to recent shipping and port fee actions.