China to Lift Some Tariffs on U.S. Imports Starting November 10, 2025

Key Details of the Announcement

• Effective Date: November 10, 2025, at 13:01 (Beijing Time)
• China will cease additional tariffs on some U.S. agricultural imports.
• The country will maintain a 10% tariff rate on other U.S. goods.
• The 24% tariff on U.S. products will remain suspended for another year.
• The decision aims to stabilize trade relations between China and the United States.

Official Statement

The Tariff Commission of the State Council stated that the adjustment follows the laws under the Tariff Law and Foreign Trade Law of the People’s Republic of China.

The announcement confirms the continuation of a cooperative trade approach while protecting
domestic industry interests.

Impact on Global Trade

The move is seen as a positive signal for global markets and agricultural trade. It is expected to boost U.S. exports of soybeans, corn, and other key farm products to China, while also improving market confidence amid ongoing U.S.-China trade negotiations.

China Eases Some U.S. Tariffs, But Soybeans Still Hit Hard

China’s State Council announced a one-year suspension of the extra 24% tariffs placed on U.S. goods earlier this year, while keeping a separate 10% duty in place. Starting November 10, duties of up to 15% on certain U.S. farm products will also be removed.

However, U.S. soybeans will continue to face a total 13% tariff—including a 3% base rate—making them less competitive than Brazilian supplies. Before the trade war, soybeans were America’s top export to China, worth $13.8 billion in 2016. But by 2024, U.S. shipments made up only 20% of China’s soybean imports, down sharply from 41% in 2016, highlighting major losses for American farmers. Markets welcomed the move after a Trump–Xi meeting in South Korea signaled that trade talks would continue.