Overview
- Beijing will resume purchases of U.S. soybeans and suspend its announced rare‑earth export controls, described in coverage as a temporary pause.
- Washington will cut certain China tariffs tied to fentanyl‑related measures to 10 percent and roll back some actions against firms accused of helping bypass U.S. export controls.
- Xi Jinping used his first post‑meeting remarks to call for preserving and expanding industrial supply chains, warning against disruptions at the APEC summit in Gyeongju.
- EU officials voiced cautious relief while German industry groups said key details are missing and stressed ongoing dependence on Chinese rare earths and permanent magnets.
- The Nexperia export dispute continues to threaten European auto and machinery production, though EU lawmakers say the apparent sanctions pause could speed a resolution, and analysts broadly label the deal fragile and interim.