Close Menu
    Trending
    • Why being lazy is a superpower
    • China’s Greatest Crime Is Competing Too Well
    • George Clooney Selects His Next James Bond
    • Number of forcibly displaced people dips to 118 million: UN
    • Iran war day 104: Iran says it attacks US bases after American strikes | US-Israel war on Iran News
    • Caitlin Clark responds to criticism ahead of first career game-winner
    • Companies are spending on Pride again—but not like they used to
    • 61% Of Israelis Against Netanyahu
    The Daily FuseThe Daily Fuse
    • Home
    • Latest News
    • Politics
    • World News
    • Tech News
    • Business
    • Sports
    • More
      • World Economy
      • Entertaiment
      • Finance
      • Opinions
      • Trending News
    The Daily FuseThe Daily Fuse
    Home»Trending News»What did Trump, Xi agree to on tariffs, export controls and fentanyl?
    Trending News

    What did Trump, Xi agree to on tariffs, export controls and fentanyl?

    The Daily FuseBy The Daily FuseNovember 2, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    What did Trump, Xi agree to on tariffs, export controls and fentanyl?
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The White Home mentioned China can even difficulty normal licences for exports of uncommon earths, gallium, germanium, antimony and graphite for the advantage of US finish customers and their suppliers.

    The White Home mentioned that amounted to “the de facto removing of controls China imposed in April 2025 and October 2022”.

    China additionally agreed to droop all retaliatory tariffs it has introduced since Mar 4, together with duties on US rooster, wheat, corn, cotton, sorghum, soybeans, pork, beef, aquatic merchandise, fruits, greens, and dairy merchandise, the White Home mentioned.

    It mentioned Beijing would additionally droop or take away all retaliatory non-tariff countermeasures taken towards the US since Mar 4, reminiscent of itemizing sure American firms on the Chinese language authorities’s end-user and unreliable entity lists.

    TRUMP ADMINISTRATION’S EXPORT CONTROLS PAUSED

    The US agreed to a one-year pause on an expanded Commerce Division blacklist of firms prohibited from shopping for US know-how items, together with semiconductor manufacturing gear, a transfer aimed toward averting the usage of subsidiaries and different companies to skirt export controls.

    The expanded blacklist would have mechanically included companies greater than 50 per cent owned by firms already on the listing and would have had the most important influence on Chinese language firms, banning US exports to 1000’s extra Chinese language companies.

    CHINA COMMITS TO SOYBEAN PURCHASES

    China agreed to purchase no less than 12 million metric tons of US soybeans within the final two months of 2025, in addition to no less than 25 million metric tons of US soybeans in every of the next three years, the White Home mentioned.

    China additionally agreed to renew purchases of US sorghum and hardwood logs, the White Home mentioned.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    The Daily Fuse
    • Website

    Related Posts

    Number of forcibly displaced people dips to 118 million: UN

    June 11, 2026

    US, Iran hit each other again as hopes for quick peace deal fade

    June 11, 2026

    ‘An ideal stage’: Los Angeles banking on past lessons as it prepares to be World Cup starting point

    June 11, 2026

    Bill Gates tells Epstein hearing he ‘never victimised anyone’

    June 10, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    NHL gets it wrong with another discipline decision

    March 22, 2026

    Hong Kong summons Panama envoy over CK Hutchison ports ruling

    February 7, 2026

    5 Signs of Internal Company Theft — and How to Catch It Early

    May 27, 2025

    What Are the Types of Inventories in Inventory Management?

    July 20, 2025

    Gaza civil defence says Israeli strikes kill at least 29

    July 13, 2025
    Categories
    • Business
    • Entertainment News
    • Finance
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Thedailyfuse.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.