China Agrees to Tariff Cuts and Farm Market Access Improvements with the US After Trump-Xi Summit

Following a summit between President Donald Trump and Chinese leader Xi Jinping, China announced plans for tariff reductions on agricultural products and progress in addressing non-tariff barriers. The agreements aim to revive U.S.-China farm trade, which has been significantly impacted by previous tariffs.

By By Ella Cao and Lewis Jackson Sat, May 16, 2026 at 6:30 PM GMT+3 2 min read · Yahoo Finance · May 16, 2026, 15:30 UTC

Topics: agricultural trade China tariff cuts Trump-Xi summit U.S.

Read the full article at Yahoo Finance

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