Overview
- According to a White House summary, the threatened additional U.S. tariffs on Chinese imports will not take effect before November 10, 2026.
- The United States will cut the prior 20% levy on Chinese goods to 10% effective November 10, and the existing 10% surcharge remains in force.
- China will suspend its recently announced export controls on rare earths for one year, with the arrangement described as extendable by negotiation.
- Beijing signaled a resumption of purchases of U.S. soybeans as part of the reciprocal easing following the leaders’ talks.
- Washington is withdrawing certain measures targeting companies suspected of helping sanctioned Chinese firms evade U.S. export controls, and officials noted Trump had previously threatened 100% additional tariffs tied to rare‑earth policy.