In a Fact Sheet published on November 1, 2025, the White House announced that it had reached a new trade deal with China to eliminate export controls on Chinese rare earth elements, China will purchase U.S. soybeans, and other concessions.

As part of this deal, the United States has committed to the following:

• Lowering the tariffs on Chinese imports that were imposed to “curb fentanyl flows” by 10% until November 10, 2026.
• Extend certain Section 301 tariff exclusions that were set to expire on November 29, 2025, until November 10, 2026.
• The implementation of the Bureau of Industry and Security’s “50% Ownership” interim final rule titled “Expansion of End-User Controls to Cover Affiliates of Certain Listed Entities” will be suspended for one year.
• The suspension for one year of the actions taken under the Section 301 investigation on China’s Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance.

These trade commitments go into effect on November 10, 2025.

The “President Donald J. Trump Strikes Deal on Economic and Trade Relations with China” Fact Sheet can be found here:
https://www.whitehouse.gov/fact-sheets/2025/11/fact-sheet-president-donald-j-trump-strikes-deal-on-economic-and-trade-relations-with-china/

The “Expansion of End-User Controls to Cover Affiliates of Certain Listed Entities” Federal Register Notice can be found here:
https://www.federalregister.gov/documents/2025/09/30/2025-19001/expansion-of-end-user-controls-to-cover-affiliates-of-certain-listed-entities