# U.S., China agree on trade war ceasefire after Trump, Xi summit

> The U.S. and China agreed to a trade war ceasefire after the Trump-Xi summit, with tariffs on $200 billion of Chinese imports held at 10% and not raised to 25% at this time. The White House statement describes the agreement as a temporary pause.

- Date: 2018-12-02 · published 2018-12-02T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/61446-u-s-china-agree-on-trade-war-ceasefire-after-trump-xi-summit
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The ceasefire reduces the risk of escalating tariffs on U.S. farm exports, supporting export expectations and risk sentiment across grain and oilseed markets.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2018-12-04 | 5 | +8.7% | 3.5 | The US-China trade ceasefire after the Trump-Xi summit eased trade-war fears and lifted sentiment and demand expectations for US grains, a likely driver of the corn rally. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-12-09 | [China buys U.S. soybeans after Trump trade agreement](https://feedsoft.ai/events/14615-china-buys-u-s-soybeans-after-trump-trade-agreement.md) | -2.0% | -3.7% |
| 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 | 2026-10-18 | [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 | 2026-05-12 | [China eyes U.S. corn deal ahead of Trump-Xi summit Thursday](https://feedsoft.ai/events/14578-china-eyes-u-s-corn-deal-ahead-of-trump-xi-summit-thursday.md) | -0.0% | -7.6% |
| SOY | 2018-12-03 | [Soybeans jump after China agrees to buy 'substantial' US ag products in trade truce](https://feedsoft.ai/events/11522-soybeans-jump-after-china-agrees-to-buy-substantial-us-ag-products-in-trade.md) | +1.7% | +0.0% |
| CORN | 2026-05-12 | [China eyes U.S. corn deal ahead of Trump-Xi summit Thursday](https://feedsoft.ai/events/14578-china-eyes-u-s-corn-deal-ahead-of-trump-xi-summit-thursday.md) | +1.3% | -8.1% |
| CORN | 2019-10-11 | [Trump announces 'phase one' trade deal with China](https://feedsoft.ai/events/56427-trump-announces-phase-one-trade-deal-with-china.md) | +2.8% | +0.3% |
| CORN | 2020-12-08 | [China-U.S. farm ties are stronger than ever despite trade war](https://feedsoft.ai/events/49502-china-u-s-farm-ties-are-stronger-than-ever-despite-trade-war.md) | +0.1% | +9.5% |

## Sources

- reuters.com: https://www.reuters.com/article/world/us-china-agree-on-trade-war-ceasefire-after-trump-xi-summit-idUSKCN1O0313/

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