China restores soybean licenses for U.S. firms, ends log ban

By Ella ‌Cao, Yukun Zhang and Ryan Woo
Reuters in Yahoo! Finance
November 7, 2025
Category: Business & Politics
Region: United States, International

BEIJING — China will restore soybean import licences for three US firms ​and lift its suspension on US log ‌imports starting November 10, its customs authority said on Friday in ‌another sign of easing trade tensions between the two nations. …The halt on US log imports was a retaliatory ‍measure after US President Trump’s March 1 order to investigate lumber imports. Investor sentiment improved after Trump met Chinese ​leader Xi Jinping in South Korea, reducing fears that ‌the world’s two largest economies might abandon efforts to resolve their trade disputes. Following the meeting, Beijing lifted tariffs on some US farm goods. …However, traders remain cautious, as a ‍10% ⁠tariff on all US imports remains in effect, limiting ⁠expectations for a broader recovery in trade flows.

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