# What's in the U.S.-China Phase 1 trade deal

> The United States will halve the tariff rate on a $120 billion list of Chinese goods to 7.5%, down from the rate imposed September 1. Tariffs of 25% on $250 billion of Chinese goods remain unchanged for now.

- Date: 2020-01-15 · published 2020-01-15T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/54939-what-s-in-the-u-s-china-phase-1-trade-deal
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower tariffs on Chinese consumer goods reduce trade friction and may support broader US-China trade flows, including farm purchases, though the immediate grain price effect is limited.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-08-24 | [China’s "Phase One" trade commitments expire soon, then what? - Brownfield Ag News](https://feedsoft.ai/events/45415-china-s-phase-one-trade-commitments-expire-soon-then-what-brownfield-ag-news.md) | +0.8% | -1.5% |
| SOY | 2019-10-18 | [After trade talks in U.S., China ramps up Brazilian soy purchases](https://feedsoft.ai/events/56428-after-trade-talks-in-u-s-china-ramps-up-brazilian-soy-purchases.md) | +0.2% | -3.4% |
| SOY | 2021-04-27 | [US-China phase one tracker: China’s purchases of US goods - WITA](https://feedsoft.ai/events/47449-us-china-phase-one-tracker-china-s-purchases-of-us-goods-wita.md) | -0.6% | -2.9% |
| 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% |
| CORN | 2021-08-24 | [China’s "Phase One" trade commitments expire soon, then what? - Brownfield Ag News](https://feedsoft.ai/events/45415-china-s-phase-one-trade-commitments-expire-soon-then-what-brownfield-ag-news.md) | -0.4% | -10.1% |
| CORN | 2019-10-11 | [Day 1 of U.S.-China trade talks ends with hopes for limited deal](https://feedsoft.ai/events/56618-day-1-of-u-s-china-trade-talks-ends-with-hopes-for-limited-deal.md) | +2.8% | +0.3% |
| CORN | 2021-04-27 | [US-China phase one tracker: China’s purchases of US goods - WITA](https://feedsoft.ai/events/47449-us-china-phase-one-tracker-china-s-purchases-of-us-goods-wita.md) | +4.7% | -1.2% |

## Sources

- reuters.com: https://www.reuters.com/article/business/whats-in-the-us-china-phase-1-trade-deal-idUSKBN1ZE2IF/

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