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

> The White House said China agreed to buy at least 12 million metric tons of US soybeans in the last two months of 2025 and at least 25 million tons a year in each of the next three years. China also agreed to resume purchases of US sorghum and hardwood logs.

- Date: 2025-11-01 · published 2025-11-01T12:00:00.000Z
- Category: trade · region US-China · magnitude high
- Page: https://feedsoft.ai/events/14622-what-did-trump-xi-agree-to-on-tariffs-export-controls-and-fentanyl
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A large multi-year purchase commitment would substantially expand US export demand for soybeans and sorghum, supporting prices if fulfilled.

## Read by commodity

- SOY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-06-29 | [G20 Summit: Trump and Xi agree to hold off on new tariffs, let Huawei buy US products](https://feedsoft.ai/events/58482-g20-summit-trump-and-xi-agree-to-hold-off-on-new-tariffs-let-huawei-buy-us.md) | -2.7% | -1.6% |
| SOY | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | -0.9% | -0.8% |
| SOY | 2024-07-12 | [Grains and oilseeds: Canada to profit from EU import tariffs - Mundus Agri](https://feedsoft.ai/events/29211-grains-and-oilseeds-canada-to-profit-from-eu-import-tariffs-mundus-agri.md) | -3.9% | -11.6% |
| 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 | 2020-02-06 | [How Chinese tariffs on U.S. imports will stand after February 14 cuts](https://feedsoft.ai/events/54475-how-chinese-tariffs-on-u-s-imports-will-stand-after-february-14-cuts.md) | +1.4% | +1.0% |

## Sources

- reuters.com: https://www.reuters.com/world/us/what-did-trump-xi-agree-tariffs-export-controls-fentanyl-2025-11-01/

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