# China signals tariff cuts, advances in farm market access after Trump-Xi summit - CNA

> China's commerce ministry said after the Beijing summit that both sides agreed to expand farm trade through tariff reductions and non-tariff barrier talks, with agreements described as preliminary. Market watchers expect a 10% cut in soybean tariffs, which could let private Chinese crushers resume U.S. soybean purchases.

- Date: 2026-05-16 · published 2026-05-16T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14577-china-signals-tariff-cuts-advances-in-farm-market-access-after-trump-xi-summit
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A tariff cut on soybeans would make U.S. beans more competitive for Chinese crushers, supporting U.S. soybean and meal demand.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-10-18 | [China Returns to U.S. Soybeans With Major Purchases After Trump-Xi Summit](https://feedsoft.ai/events/14543-china-returns-to-u-s-soybeans-with-major-purchases-after-trump-xi-summit.md) | -0.4% | — |
| SOY | 2018-12-02 | [U.S., China agree on trade war ceasefire after Trump, Xi summit](https://feedsoft.ai/events/61446-u-s-china-agree-on-trade-war-ceasefire-after-trump-xi-summit.md) | +1.7% | +0.0% |
| SOY | 2026-10-20 | [U.S. soybean sales to China jump after late-September Trump-Xi summit](https://feedsoft.ai/events/14542-u-s-soybean-sales-to-china-jump-after-late-september-trump-xi-summit.md) | -0.6% | — |
| 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 | 2025-11-06 | [China begins limited purchases of U.S. farm goods after Trump-Xi meet \| Reuters](https://feedsoft.ai/events/8212-china-begins-limited-purchases-of-u-s-farm-goods-after-trump-xi-meet-reuters.md) | +0.1% | -0.0% |
| SBM | 2018-02-06 | [China supersizes pig farms to cut costs in world's top pork market](https://feedsoft.ai/events/66492-china-supersizes-pig-farms-to-cut-costs-in-world-s-top-pork-market.md) | +9.4% | +17.6% |
| SBM | 2018-06-19 | [Trump Wants More China Tariffs](https://feedsoft.ai/events/64511-trump-wants-more-china-tariffs.md) | -0.8% | -1.9% |
| SBM | 2019-10-23 | [Chinese Buyers Return to Market for U.S. Soy After Tariff Waivers Granted - Caixin Global](https://feedsoft.ai/events/56424-chinese-buyers-return-to-market-for-u-s-soy-after-tariff-waivers-granted-caixin.md) | -1.3% | -1.6% |

## Sources

- channelnewsasia.com: https://www.channelnewsasia.com/business/trump-xi-summit-tariff-farm-market-soybean-china-us-6125886

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