Earlier this week, the White House announced that the U.S. has reached a trade and economic agreement with China. President Trump and Chinese President Xi Jinping met in Korea to discuss the terms and reached a deal that the White House states will ‘safeguard U.S. economic strength and national security while putting American workers, farmers, and families first’.
Regarding agriculture, the agreement will open China’s market to U.S. soybeans and other agricultural exports. Chinese actions will include suspending all of the retaliatory tariffs that it announced on March 4, 2025. This encompasses tariffs on a vast array of U.S. agricultural products, including fruits. CCM staff will continue to monitor the situation and keep the membership updated on its status.
To read the full fact sheet from the White House, click here.
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