JOURNAL ARTICLE

China Ends Levies on US Farm Goods, Halts Export Curbs on Firms.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Xiao, Josh; Gu, Hallie 3 of 3

Abstract

The article focuses on China's decision to remove retaliatory tariffs on certain U.S. agricultural products and lift export controls on American firms, following the U.S. reduction of fentanyl-related tariffs on Chinese goods. Effective November 10, China will eliminate tariffs on soybeans, corn, wheat, sorghum, and chicken, while also removing 15 U.S. firms from its export control list. This trade adjustment is part of a broader agreement between U.S. President Donald Trump and Chinese leader Xi Jinping aimed at stabilizing trade relations. Despite these changes, U.S. soybeans may still face a 13% import duty in China. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:189154133
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