# US-China Trade Council Meets on $60 Billion Tariff Plan—Can Talks Deliver Real Cuts?

> The US and China held the first meeting of their bilateral trade council by video on November 13 and discussed tariffs, reciprocal reductions and agricultural commerce. China's commerce ministry said the talks did not produce a new product-by-product tariff schedule, a deadline, or a signed agreement.

- Date: 2026-11-15 · published 2026-11-15T18:14:06.052Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/101550-us-china-trade-council-meets-on-60-billion-tariff-plan-can-talks-deliver-real
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tariff cuts and agricultural purchase commitments would affect U.S. soybean export flows. Because no binding schedule has been set, importers and exporters cannot yet price in a change in trade flows.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-05-20 | [China again flags tariff cuts for US agricultural trade after Trump-Xi meeting, but still no details \| Reuters](https://feedsoft.ai/events/14576-china-again-flags-tariff-cuts-for-us-agricultural-trade-after-trump-xi-meeting.md) | -2.0% | -6.4% |
| SOY | 2026-01-20 | [China Buy 12 Million Tons of US Soybeans, Meets Key Trade Pledge - Bloomberg](https://feedsoft.ai/events/14608-china-buy-12-million-tons-of-us-soybeans-meets-key-trade-pledge-bloomberg.md) | +0.4% | +7.2% |
| SOY | 2026-01-20 | [China hits 12 million ton US soybean target pledged in trade truce \| Reuters](https://feedsoft.ai/events/14605-china-hits-12-million-ton-us-soybean-target-pledged-in-trade-truce-reuters.md) | +0.4% | +7.2% |
| SOY | 2019-12-10 | [China steps up US soybean purchases as trade talks drag on](https://feedsoft.ai/events/55447-china-steps-up-us-soybean-purchases-as-trade-talks-drag-on.md) | +2.8% | +4.6% |
| SOY | 2018-08-16 | [U.S. grains: Soy climbs as U.S., China plan to restart trade talks - Manitoba Co-operator](https://feedsoft.ai/events/63566-u-s-grains-soy-climbs-as-u-s-china-plan-to-restart-trade-talks-manitoba-co.md) | +0.1% | -4.1% |

## Sources

- wwconemedia.com: https://wwconemedia.com/us-china-trade-council-meets-on-60-billion-tariff-plan-can-talks-deliver-real-cuts/

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