Welcome to China Tariff News and Tracker, your podcast for the most up-to-date China tariff headlines and current news.

Today, listeners, the US-China tariff landscape is seeing fresh developments with significant implications for trade, global supply chains, and the everyday economy. As of November 2025, President Trump’s administration has continued to use tariffs as a central tool in its trade policy, driving up the average effective US tariff rate on Chinese goods to about 45%. This figure is made up of a 10% reciprocal tariff, a 10% “fentanyl” tariff, and up to 25% in Section 301 tariffs, according to international trade reporting and recent government announcements.

A major headline this week comes from the aftermath of President Trump and President Xi’s summit at the end of October. The two leaders agreed to a limited tariff truce: on November 10, the US cut the fentanyl-related tariff on Chinese imports from 20% to 10%. At the same time, the US suspended newly implemented port fees on Chinese ships for one year, with China reciprocating for American vessels. These moves signal a willingness to de-escalate—at least temporarily—amid a wider trade war that had earlier pushed US tariffs on Chinese goods as high as 145% during the spring’s retaliatory spiral.

China responded further by delaying the enforcement of its sweeping rare earth export controls for one year and easing export rules for other critical minerals like gallium. This is highly significant because China controls about 70% of the world’s rare earth supply, materials crucial for defense systems and high technologies. The market was roiled in October after China first announced the controls, prompting the Trump administration to threaten a retaliatory 100% tariff on all Chinese goods and further export controls on strategic software.

The truce also included China committing to purchase at least 12 million metric tons of US soybeans in the remainder of 2025, and at least 25 million metric tons annually from 2026 onwards. In turn, China suspended a raft of countermeasures and tariffs instituted earlier in the year.

Despite these positive developments, the long-term outlook on US-China tariffs remains uncertain. There is strong speculation that the latest agreement serves as a tactical pause rather than a permanent settlement, especially given previous surges in tariffs and ongoing disputes. The Supreme Court even heard arguments earlier this month on the legality of the Trump administration’s aggressive use of emergency trade powers for tariffs, further highlighting the contentious and evolving nature of US tariff policy.

Listeners, for American businesses and consumers, the stakes are high as higher tariffs drive up import costs and create volatility in supply chains. While some tariffs have been reduced, the overall environment is still seen as the most protectionist in over a century, with both economic and political shocks still possible.

Thank you for tuning in to China Tariff News and Tracker. Don’t forget to subscribe so you never miss the latest headlines on US-China tariffs. This has been a Quiet Please Production, for more check out quiet please dot ai.

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