China To Lift Tariffs On US Farm Goods
Beijing has announced that starting November 10, 2025, it will suspend retaliatory tariffs on a range of American agricultural exports, including corn, wheat, sorghum and chicken. The decision follows a new round of high-level trade discussions between the United States and China aimed at easing tensions that have persisted since the original tariff war.
Scope Of Tariff Removal
According to China’s Ministry of Finance, the suspension applies to duties imposed on March 4 and later. The one-year suspension will also cover certain additional tariffs such as a 24 percent levy on selected U.S. goods and other non-tariff barriers. These exemptions are part of Beijing’s gradual strategy to stabilize trade ties and ease inflationary pressures in domestic markets.
Soybeans Still Under Tariff
However, full tariff relief is not extended to all American agricultural products. U.S. soybeans will continue to face a 13 percent import duty, keeping them less competitive against cheaper supplies from Brazil and Argentina. This partial approach indicates that China is seeking to balance import diversification with political leverage in trade negotiations.
U.S. Commitments And Market Impact
A joint statement from Washington said that China has agreed to purchase at least 12 million metric tons of U.S. soybeans by the end of 2025 and around 25 million tons annually for the next three years. Beijing has not yet confirmed these figures publicly. Despite cautious optimism, market analysts noted that deep-seated supply chain realignments and global price competitiveness will still determine how much U.S. exports benefit from this tariff suspension.
