# China and US discuss tariff reductions and farm trade at first trade council meeting

> China and the United States held their first Board of Trade meeting by video on November 13, discussing tariff reductions, agricultural trade and implementation of earlier agreements. The reciprocal arrangement covers about $30 billion of goods on each side, with more than 90 percent expected to be exempt from additional tariffs, and it takes effect only after domestic legal procedures are completed.

- Date: 2026-11-14 · published 2026-11-15T00:14:26.730Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/100252-china-and-us-discuss-tariff-reductions-and-farm-trade-at-first-trade-council
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expected exemptions on about $30 billion of goods could ease trade flows for US farm products once implemented, supporting export demand for soybeans and grains. Timing remains uncertain, so the price effect is modest for now.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-05-23 | [U.S.-China trade row sows confusion in farmer planting plans](https://feedsoft.ai/events/64914-u-s-china-trade-row-sows-confusion-in-farmer-planting-plans.md) | -0.7% | -13.7% |
| SOY | 2018-04-08 | [As U.S. and China trade tariff barbs, others scoop up U.S. soybeans](https://feedsoft.ai/events/65547-as-u-s-and-china-trade-tariff-barbs-others-scoop-up-u-s-soybeans.md) | +2.0% | -0.6% |
| SOY | 2025-10-30 | [China vows to boost US farm trade but leaves details unclear \| Reuters](https://feedsoft.ai/events/14626-china-vows-to-boost-us-farm-trade-but-leaves-details-unclear-reuters.md) | +3.7% | +4.7% |
| SOY | 2025-08-28 | [What Role Do Farm Products Have in U.S.-China Trade Deal?](https://feedsoft.ai/events/14641-what-role-do-farm-products-have-in-u-s-china-trade-deal.md) | -1.5% | -1.5% |
| SOY | 2025-11-08 | [Here’s what the U.S.-China trade truce really means for the U.S. soybean market — and for farmers - MarketWatch](https://feedsoft.ai/events/12248-here-s-what-the-u-s-china-trade-truce-really-means-for-the-u-s-soybean-market.md) | +1.0% | -0.7% |
| CORN | 2018-02-06 | [Sorghum farmers are the first victims in growing trade dispute between China and the U.S.](https://feedsoft.ai/events/66555-sorghum-farmers-are-the-first-victims-in-growing-trade-dispute-between-china.md) | +1.3% | +3.3% |
| CORN | 2018-05-23 | [U.S.-China trade row sows confusion in farmer planting plans](https://feedsoft.ai/events/64914-u-s-china-trade-row-sows-confusion-in-farmer-planting-plans.md) | -0.5% | -8.5% |
| CORN | 2021-05-20 | [USTR Tai Hosts Canadian, Mexican Leaders For First USMCA Commission Meeting - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/47088-ustr-tai-hosts-canadian-mexican-leaders-for-first-usmca-commission-meeting-u-s.md) | -4.4% | +4.0% |

## Sources

- cnewsliveenglish.com: https://cnewsliveenglish.com/news/47696/china-and-us-discuss-tariff-reductions-and-farm-trade-at-first-trade-council-meeting-aj

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.