# China, U.S. maintain close communication on tariff cuts, trade, investment: spokesperson-Xinhua

> China's Ministry of Commerce said both countries are in close communication on implementing reciprocal tariff cuts covering about $30 billion of imports from each side. The arrangement is not yet in effect and needs each side to complete domestic legal procedures. China hopes the U.S. will put it into effect soon and improve conditions for bilateral agricultural trade.

- Date: 2026-11-12 · published 2026-11-13T06:12:35.281Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/97252-china-u-s-maintain-close-communication-on-tariff-cuts-trade-investment
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

If implemented, the tariff cuts would support U.S. farm exports to China, including soybeans, which would be supportive for U.S. soybean prices. The item is still only a statement of intent, so the price effect is limited for now.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-02-25 | [US: China lifts some trade barriers in phase one \| 2020-02-25  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54479-us-china-lifts-some-trade-barriers-in-phase-one-2020-02-25-agri-pulse.md) | +1.9% | +1.1% |
| SOY | 2025-06-11 | [U.S.-China tariff détente holds as officials eye more ag purchases \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14658-u-s-china-tariff-detente-holds-as-officials-eye-more-ag-purchases-agri-pulse.md) | +1.5% | -4.3% |
| SOY | 2022-06-08 | [Yellen critical of US tariffs on China \| 2022-06-08 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14923-yellen-critical-of-us-tariffs-on-china-2022-06-08-agri-pulse-communications-inc.md) | -1.7% | -7.9% |
| SOY | 2025-01-22 | [Can the phase one deal shield U.S. farmers from tariff retaliation?  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14690-can-the-phase-one-deal-shield-u-s-farmers-from-tariff-retaliation-agri-pulse.md) | -2.1% | -3.3% |
| SOY | 2021-08-26 | [China, US maintain trade contract - Global Times](https://feedsoft.ai/events/45417-china-us-maintain-trade-contract-global-times.md) | -5.1% | -4.6% |

## Sources

- chinaview.cn: http://www.chinaview.cn/20261112/612a0a4f09b348c6ab069e0d7a205d0f/c.html

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