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US and China Hold First Trade Board Meeting

Officials began implementing trade commitments, including tariff relief, agricultural purchases and export controls, as the two sides seek to stabilize relations.

  • On Friday, United States and Chinese officials held the inaugural meeting of the Board of Trade, a body formed following the May summit between President Donald Trump and Chinese President Xi Jinping.
  • Following the October 2025 trade truce, Chinese state-owned firms Sinograin and COFCO purchased 12 million metric tons of United States soybeans, signaling ongoing commercial commitment.
  • Exports of rare earth compounds to the United States and Japan declined 58 percent in the ten months following the truce, while global exports increased 146 percent.
  • Tech firms face ongoing license delays despite the Board of Trade engagement, while proposed measures—the AI Overwatch Act, Chip Security Act, and MATCH Act—could further restrict exports.
  • Presidents Donald Trump and Xi Jinping are scheduled to meet in Shenzhen next week, where experts speculate discussions may focus on tariff reductions, agricultural procurement, and critical minerals.
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Reuters broke the news in London, United Kingdom on Friday, November 13, 2026.
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