Following a meeting between President Donald Trump and Chinese President Xi Jinping, the White House announced China plans to suspend or remove all of the retaliatory non-tariff barriers imposed against the U.S. since March 4.
China will also suspend retaliatory tariffs on a wide array of U.S. ag products, including beef. In addition, the country pledged to purchase at least 12 million metric tons (mmt) of U.S. soybeans during the last two months of 2025, and at least 25 mmt of U.S. soybeans in each of 2026, 2027 and 2028. In return, the U.S. will lower its tariff rate on Chinese imports and extend the expiration of certain Section 301 tariff exclusions.
The U.S. Meat Export Federation (USMEF) said it was pleased with the progress being made with China. “If the removal of non-tariff barriers means that China will promptly renew the U.S. beef plant and cold storage registrations it has allowed to expire over the past nine months, this will restore access to a critical beef export market,” said USMEF President and CEO Dan Halstrom.
