#USChinaDeal #USChinaDeal the new trade agreement between the United States and China
In recent months, the United States and China — the two largest economies on the planet — have reached a significant understanding aimed at defining a new balance in trade relations, after years of tensions and increasing tariffs that had fueled a true global trade war.
Lighter tariffs and extended truce
Following a series of negotiations that involved official talks in Geneva, London, and Kuala Lumpur, Washington and Beijing agreed to reduce and temporarily suspend a significant portion of the reciprocal tariffs that had reached record levels in 2025.
Among the most relevant points:
The United States has decided to lower some tariffs imposed on Chinese goods, including the so-called “fentanyl-related” tax, from a maximum of 20% to 10%.
China has also agreed to suspend most of the retaliatory tariffs against American products and to extend the minimum tariff level of 10% on a reciprocal basis for at least one year.
Both parties have agreed to a formal trade truce and a framework to continue negotiations beyond the current agreement, with the aim of stabilizing economic relations.
Cooperation on raw materials, agriculture, and security
The agreement is not limited to tariffs:
China has committed to purchasing large quantities of U.S. agricultural products, including soybeans, grains, and other food products, with annual targets that could exceed 25 million tons.
Beijing would agree to temporarily suspend controls on exports of rare earths and critical minerals, essential elements for the global technology industry.
The parties also touched on issues related to the fight against the production and trafficking of fentanyl, one of Washington's priorities.
AI and technology: flexibility on chip exports
A key element of the recent dynamics concerns advanced technology: the United States has in the USA.