# US, China agree to lower tariffs on $60 billion in goods: What is included?

> The United States and China agreed to provide more favorable tariff treatment to roughly $60 billion in bilateral trade, with about $30 billion of imports covered in each direction. More than 90% of the listed products are expected to receive most-favored-nation treatment and exemption from additional tariffs, but product lists, rates, and an implementation date have not yet been published.

- Date: 2026-11-11 · published 2026-11-11T18:15:31.674Z
- Category: trade · region US and China · magnitude medium
- Page: https://feedsoft.ai/events/93872-us-china-agree-to-lower-tariffs-on-60-billion-in-goods-what-is-included
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower tariffs could improve access for U.S. agricultural exports to China, but the covered products and timing remain uncertain, so the direct effect on feed-commodity trade is unclear.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-03-23 | [China targets $3 billion of US goods in tariff spat \| AP News](https://feedsoft.ai/events/65868-china-targets-3-billion-of-us-goods-in-tariff-spat-ap-news.md) | +1.5% | -0.1% |
| SOY | 2019-08-23 | [China strikes back at U.S. with new tariffs on $75 billion in goods \| Reuters](https://feedsoft.ai/events/57443-china-strikes-back-at-u-s-with-new-tariffs-on-75-billion-in-goods-reuters.md) | +0.0% | +3.1% |
| 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 | [China retaliatory tariffs on US farm goods](https://feedsoft.ai/events/35-china-retaliatory-tariffs-on-us-farm-goods.md) | +0.2% | +1.7% |
| SOY | 2018-06-16 | [Trump sets tariffs on $50 billion in Chinese goods; Beijing strikes back](https://feedsoft.ai/events/64570-trump-sets-tariffs-on-50-billion-in-chinese-goods-beijing-strikes-back.md) | -1.2% | -8.4% |
| CORN | 2018-03-23 | [China targets $3 billion of US goods in tariff spat \| AP News](https://feedsoft.ai/events/65868-china-targets-3-billion-of-us-goods-in-tariff-spat-ap-news.md) | +1.9% | +3.1% |
| CORN | 2019-08-23 | [China strikes back at U.S. with new tariffs on $75 billion in goods \| Reuters](https://feedsoft.ai/events/57443-china-strikes-back-at-u-s-with-new-tariffs-on-75-billion-in-goods-reuters.md) | +1.8% | +1.4% |
| CORN | 2025-03-04 | [China retaliatory tariffs on US farm goods](https://feedsoft.ai/events/35-china-retaliatory-tariffs-on-us-farm-goods.md) | +3.2% | +4.7% |

## Sources

- financialexpress.com: https://www.financialexpress.com/world-news/us-china-agree-to-lower-tariffs-on-60-billion-in-goods-what-is-included/4381835/lite/

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