News Brief
Summary
China has suspended some retaliatory tariffs on US agricultural imports but will maintain a 13% tariff on soybeans. This follows the Xi-Trump meeting, easing fears of a deepening trade war, though US soybeans remain uncompetitive against cheaper Brazilian supplies.
Key Points
- Tariff Suspension: China lifted tariffs (up to 15%) on certain US farm goods and suspended the 24% additional tariffs for one year.
- Soybean Tariff Remains: A 13% tariff on US soybeans stays, keeping them more expensive than Brazilian alternatives.
- Market Reaction: Traders do not expect significant Chinese demand for US soybeans to return due to the cost disparity.
- Purchase Commitments: The White House announced large planned Chinese purchases of US soybeans, but Beijing has not confirmed these figures.
- Shift in Supply: China has recently bought cheaper Brazilian soybeans, and its imports from the US have significantly declined since 2016.
新闻简报
总结
中国已暂停对美国部分农产品加征的报复性关税，但将维持对大豆征收13%的关税。此次行动是在中美元首会晤后进行的，缓解了对贸易战加深的担忧，但美国大豆相对于更便宜的巴西供应仍缺乏竞争力。
关键点
- 暂停加征关税： 中国取消了针对部分美国农产品的关税（最高达15%），并暂停了4月实施的24%附加关税，为期一年。
- 大豆关税维持： 对美国大豆征收的13%关税保持不变，使其价格仍高于巴西大豆。
- 市场反应： 交易商预计，由于成本差异，中国对美国大豆的需求不会显著回归。
- 采购承诺： 白宫宣布了中国计划大规模采购美国大豆，但北京尚未确认这些数字。
- 供应转移： 中国近期购买了更便宜的巴西大豆，自2016年以来，从美国的进口量已大幅下降。
Original Article Link: https://www.abc.net.au/news/2025-11-05/china-suspends-us-tariffs/105976254