# China: U.S.-China $30 billion tariff cuts must be implemented simultaneously to expand imports of U.S. agricultural products

> China's commerce ministry said on November 5 that it will only expand purchases of U.S. agricultural products once the agreed '$30 billion for $30 billion' reciprocal tariff cuts are implemented. The ministry urged the US to also reduce non-tariff barriers and expand market access.

- Date: 2026-11-05 · published 2026-11-05T15:12:46.055Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/82004-china-u-s-china-30-billion-tariff-cuts-must-be-implemented-simultaneously-to
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Chinese farm purchases stay uncertain until the tariff cuts are implemented, which weighs on expected US soybean and corn export demand and supports a cautious price outlook.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-08-10 | [China expects its U.S. agricultural imports to fall sharply - Grainews](https://feedsoft.ai/events/63520-china-expects-its-u-s-agricultural-imports-to-fall-sharply-grainews.md) | -0.3% | -6.3% |
| SOY | 2018-06-15 | [China announces retaliatory tariffs on $34 billion worth of US goods, including agriculture products](https://feedsoft.ai/events/64398-china-announces-retaliatory-tariffs-on-34-billion-worth-of-us-goods-including.md) | -5.0% | -12.2% |
| SOY | 2025-03-04 | [Which U.S. agricultural products did China hit with tariffs? \| Reuters](https://feedsoft.ai/events/11141-which-u-s-agricultural-products-did-china-hit-with-tariffs-reuters.md) | +0.2% | +1.7% |
| SOY | 2025-03-04 | [China’s grains, oilseeds procurement to see limited impact from US agricultural tariffs](https://feedsoft.ai/events/14674-china-s-grains-oilseeds-procurement-to-see-limited-impact-from-us-agricultural.md) | +0.2% | +1.7% |
| SOY | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | +0.0% | +3.1% |
| CORN | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | +1.8% | +1.4% |
| CORN | 2024-10-31 | [Ukrainian Black Sea corridor ensured export of over 52 mln tons of agricultural products](https://feedsoft.ai/events/14264-ukrainian-black-sea-corridor-ensured-export-of-over-52-mln-tons-of-agricultural.md) | +2.2% | -1.3% |
| CORN | 2025-03-04 | [China announces new duties on US agricultural imports as US tariffs take effect - Fastmarkets](https://feedsoft.ai/events/8147-china-announces-new-duties-on-us-agricultural-imports-as-us-tariffs-take-effect.md) | +3.2% | +4.7% |

## Sources

- en.fnnews.com: https://en.fnnews.com/news/202611051903300286

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