Saturday, November 14

China, US Discuss Tariff Cuts and Agricultural Trade Ahead of Xi-Trump Meeting

China, US Discuss Tariff Cuts and Agricultural Trade Ahead of Xi-Trump Meeting

Beijing, 14 November, 2026 (Nosheen): China and the United States have discussed tariff reductions, agricultural trade and other economic issues at their first trade council meeting ahead of an expected meeting between Presidents Xi Jinping and Donald Trump next week. China’s Commerce Ministry said both sides held detailed and constructive discussions on implementing previous trade commitments, including a proposed reciprocal tariff-cut package worth $60 billion. The package, initially discussed after the September summit between the two leaders, includes around $17 billion in US agricultural goods that China imported in 2024, but has yet to be finalised. The ministry did not announce any new agreements, adding that the two countries would continue using the council to resolve trade disputes, strengthen cooperation and address outstanding concerns. Beijing has repeatedly urged Washington to implement the tariff-reduction arrangement, describing it as an important condition for increasing purchases of American agricultural products. However, Chinese imports of US farm goods other than soybeans are expected to fall to their lowest level in seven years, despite China’s commitment to purchase $17 billion worth annually through 2028. The White House said Trump is scheduled to meet Xi on Thursday on the sidelines of the Asia-Pacific Economic Cooperation forum in Shenzhen.