China suspends export controls on rare earths and lifts US import bans following trade talks

Suspension of tariffs on rare earths, logs, and soybeans signals growing cooperation between China and the US after recent trade discussions

BEIJING: China announced a series of key trade adjustments on Friday, including the suspension of export controls on rare earths, superhard materials, and other strategic resources. The move comes after recent trade talks between China and the United States in Kuala Lumpur, Malaysia, and follows the implementation of new measures agreed upon by both countries.

The suspension includes the pause of four notices issued by China’s Ministry of Commerce (MOFCOM) and the General Administration of Customs (GAC) in October, which had imposed export controls on various materials, including rare earths, lithium batteries, and synthetic graphite anode materials. This pause will remain in effect until November 10, 2026.

Additionally, China lifted the ban on U.S. log imports and reinstated soybean export qualifications for three U.S. companies, effective from November 10, 2025. These moves were prompted by corrective measures taken by the U.S. to address prior issues such as the detection of harmful species in logs and the presence of contaminants in soybean shipments.

The actions reflect China’s commitment to honoring trade agreements and its efforts to stabilize bilateral trade. According to Chen Fengying, a research fellow at the China Institutes of Contemporary International Relations, these moves demonstrate China’s responsible trade practices and a willingness to uphold commitments in trade relations with the U.S. “These actions will inject certainty and stability into the global economy,” Chen said.

China’s positive approach follows recent progress in China-U.S. trade relations, with both sides adjusting tariff and non-tariff measures. The U.S. also made significant moves, including reducing tariffs on fentanyl-related imports from China and extending the suspension of some reciprocal duties. On November 10, China will suspend additional tariffs on certain U.S. imports for one year, while keeping some tariffs in place.

The adjustments are seen as a positive development, underscoring the importance of dialogue and cooperation between the world’s two largest economies. The outcomes of the trade consultations were hailed as a breakthrough, and both countries are optimistic about further enhancing their economic and trade cooperation.

Monitoring Desk
Monitoring Desk
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