China Ends Levies on US Farm Goods, Halts Export Curbs on Firms

Harvested soybeans on a farm near Gregory, Arkansas.Photographer: Rory Doyle/Bloomberg

China announced it will remove retaliatory tariffs on some US farm products and lift export controls on an array of American firms, after Washington halved its fentanyl-related levies on Chinese goods.

The country’s Finance Ministry confirmed in a Wednesday notice it would end tariffs imposed March 4 on soybeans and other US agricultural products including corn, wheat, sorghum and chicken. That move — to take effect Nov. 10 — was previously flagged in a White House fact sheet.