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De Minimis Tax Exemption · Full chronicle and history

2026-10-24
The U.S. Department of Commerce's 50% affiliate rule targeting China is scheduled to automatically resume around November 10, overlapping with the timeline of the Huawei case proceedings.
Location: United States · Importance IV · Verification: Reported · View causal chain →
2026-10-07
Trade representatives from fifteen economies, including the United States, the European Union, Japan, and South Korea, have jointly signed an agreement promoted by the U.S. that calls for the elimination of structural overcapacity and non-market policies that lead to overproduction.
Location: 国际 · Importance IV · Verification: Reported · View causal chain →
2026-10-02
The Peterson Institute for International Economics released a report pointing out that from January to July this year, the gap between China's customs-reported exports to the United States and U.S.-recorded imports from China reached $99.8 billion, and the deviation in China-U.S. import and export data reached 10.5 standard deviations, which cannot be explained by statistical definitions.
Location: United States · Importance III · Verification: Reported · View causal chain →
2026-10-01
Reuters reported that the US Department of Commerce is preparing to tighten license approvals for exporting aircraft parts and aviation hydraulic fluid to China, using them as leverage in trade negotiations.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-10
Chinese state-owned trading companies purchased 8 to 10 cargoes of U.S. soybeans totaling 520,000 to 650,000 tonnes this week, with shipments expected to begin gradually from December, marking the first large-scale purchases since the Trump-Xi summit.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-10-01
On October 1, Reuters reported, citing people familiar with the matter, that over recent weeks the U.S. Department of Commerce has slowed approvals of export licenses for aviation parts to China, restricting the number of parts that COMAC is allowed to import in order to prevent stockpiling, hoping to trade this for concessions on rare earths and other issues.
Location: United States · Importance IV · Verification: Reported · View causal chain →
2026-10-01
On October 1, the G20 trade ministers' meeting was held in Milwaukee, the United States, where they agreed to condemn the use of food trade as a tool of coercion, but failed to reach a consensus on condemning forced labor in supply chains and addressing structural industrial overcapacity. U.S. Trade Representative Greer did not name the opposing countries, while China denied overcapacity and accused the West of protectionism.
Location: Milwaukee, United States · Importance IV · Verification: Reported · View causal chain →
2026-09-28
China's Ministry of Commerce released a number of trade and economic implementation documents, including a tariff reduction list for the United States covering multiple agricultural products and high-end medical equipment, and extending the Kuala Lumpur tariff truce to January 2027.
Location: China · Importance IV · Verification: Verified · View causal chain →
2026-09-28
On September 28, after Xi Jinping's visit to the US, the Ministry of Commerce released a 38-page list of products subject to reciprocal tariff reductions, covering corn, wheat, sorghum, meat, and seed soybeans, among others. However, non-seed US soybeans, a major trade item, were not included and still face an additional 10% tariff. The tariff reduction arrangements will be implemented after completing domestic legal procedures.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-09-28
According to Reuters, as the list of reciprocal tariff reductions between China and the US is announced, state-owned buyers such as Sinograin and COFCO have already purchased over 12 million tons of US soybeans, while private crushing enterprises are struggling to bear the tax burden due to an additional 10% tariff.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-09-24
U.S. President Trump on September 24 held a summit with Chinese President Xi Jinping at the White House, granting state‑visit courtesies, discussing trade, technology and global conflicts.
Location: Washington, United States · Importance V · Verification: Verified · View causal chain →
2026-09-24
Reuters reported on September 24, citing Chinese customs data, that despite Xi Jinping's promise last year at the Busan summit to release key rare earths, China's yttrium exports to the US remained at zero in January, May, and June of 2026. The White House claimed in November 2025 that the agreement would effectively lift export controls, but China's suspension list did not include the measure that had placed yttrium under export licensing.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-09-18
He Lifeng led economic, trade, and technical bureaucrats at the JPMorgan Chase headquarters building in New York to hold round-the-clock talks with US officials for days, negotiating the deadline for rare earth deliveries and terms for soybean procurement quotas.
Location: New York · Importance III · Verification: Verified · View causal chain →
2026-09-23
US Treasury Secretary Bessent announced that the US and China have agreed to extend the trade truce, originally set to expire on November 10, to January 10, 2027, continuing negotiations on issues such as tariffs, fentanyl, soybeans, and rare earths.
Location: Washington, United States · Importance V · Verification: Official claim · View causal chain →
2026-09-22
China's Ministry of Commerce and four other departments announced the addition of two precursor chemicals to the export control catalog. Starting immediately, exports to the United States, Mexico, and Canada will require a license application, a move seen as a response to the Trump administration's demands for the control of fentanyl precursors.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-09-21
According to reports on September 21, Chinese state-owned enterprises ordered about 260,000 tons of U.S. soybeans last week, scheduled for shipment between December and next January, bringing total purchases for the current marketing season to nearly 13 million tons.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-09-20
Data from the General Administration of Customs of China shows that China's exports of rare earth magnets to the U.S. in August fell 21% from July to 512 tons. Ahead of a meeting between Trump and Xi, outside analysts suggest the Chinese side may use the expansion of rare earth exports as a negotiating chip. In addition, U.S. Treasury Secretary Bessent and Chinese Vice Premier He Lifeng held a meeting on trade and artificial intelligence issues, and both sides agreed to further consultations.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-09-20
On September 20, China and the US held 8-hour economic and trade talks in New York. The two sides announced the establishment of an AI dialogue mechanism and a new bilateral trade mechanism, but the US side made it clear that export controls on advanced AI chips and semiconductor equipment are not on the negotiating agenda.
Location: New York · Importance IV · Verification: Reported · View causal chain →
2026-09-20
On September 20, U.S. Treasury Secretary Bessent held a meeting in New York with Chinese State Council Vice Premier He Lifeng on trade and artificial intelligence issues. Bessent called it a very successful engagement and said the two sides agreed to hold another round of talks, but did not disclose further details.
Location: New York · Importance IV · Verification: Reported · View causal chain →
2026-09-15
It was reported on September 15 that Beijing planned to seek an extension of the US-China trade truce until the end of Trump's term ahead of the Trump-Xi meeting on September 24. However, due to China's failure to fully fulfill its rare earth export commitments, the US side was only willing to renew it for 6 months and demanded that China ease its rare earth restrictions on Japan.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-09-15
US Treasury Secretary Bessent confirmed at a congressional hearing on September 15 that he will hold talks with Chinese State Council Vice Premier He Lifeng this weekend, which is seen as the last high-level economic and trade negotiation window before the Trump-Xi Jinping meeting. The Financial Times reported that the two sides will consult in New York on Sunday, with topics including competition in artificial intelligence, export restrictions on rare earths, and extending the US-China trade truce arrangement that expires in November.
Location: Washington, United States · Importance IV · Verification: Reported · View causal chain →
2026-09-14
According to a Bloomberg report on September 14, as the U.S. and Chinese heads of state are expected to meet in late September, China purchased at least 1 million tons of U.S. soybeans last week, bringing total purchases to over half of its annual commitment. China Gas also signed a 20-year liquefied natural gas purchase agreement, though tensions between the U.S. and China persist in areas such as AI and arms sales to Taiwan.
Location: China · Importance IV · Verification: Reported · View causal chain →
2026-09-13
Trump said on September 13 that Chinese cars will continue to be barred.
Location: United States · Importance III · Verification: Verified · View causal chain →
2026-09-13
On September 13, when asked about the progress of the Boeing aircraft deal, Trump stated that he would finalize the transaction.
Location: United States · Importance III · Verification: Reported · View causal chain →
2026-09
U.S. Treasury Secretary Bastian said the talks with China on artificial intelligence, trade and other issues were very successful, and both sides agreed to establish an AI dialogue mechanism and plan to meet again.
Location: New York, United States · Importance IV · Verification: Reported · View causal chain →
2026-08-14
The White House released a report authored by Peter Navarro, accusing China of circumventing U.S. tariffs through transshipment trade via more than 40 countries, amounting to approximately $75 billion.
Location: Washington · Importance IV · Verification: Official claim · View causal chain →
2026-08-14
On August 14, the White House Office of Trade and Manufacturing Policy released a report titled "The Great Transshipment Scam," stating that over 40 countries have helped China evade tariffs imposed by Trump through transshipment. Taiwan, along with Japan, South Korea, and the EU, were listed as Tier 1 transshipment risk regions.
Location: Washington · Importance III · Verification: Official claim · View causal chain →
2026-08-05
China's Ministry of Commerce announced export controls on drones and prohibited trade with six US entities, calling it a response to relevant US restrictive measures.
Location: China · Importance IV · Verification: Official claim · View causal chain →
2026-08-04
On August 4, 2026, Reuters reported that the US government plans to introduce new rules through the Federal Communications Commission to bar new high-speed data center optical transceiver modules made in China from entering the US market, with a focus on Chinese companies such as Innolight.
Location: Washington, United States · Importance IV · Verification: Reported · View causal chain →
2026-08
The Senate and House of Representatives passed the Graham sanctions bill against Russia and Iran by an overwhelming majority. The bill stipulates that if any country dares to be the top buyer of Russian energy, the United States will impose secondary tariffs of up to 100% on its goods exported to the US, specifically naming China and India.
Location: United States · Importance IV · Verification: Verified · View causal chain →
2026-07-30
U.S. Treasury Secretary Bessent and Trade Representative Greer held a video call with Chinese Vice Premier He Lifeng, urging Beijing to fully honor its rare earth and agricultural product commitments.
Location: United States · Importance III · Verification: Verified · View causal chain →
2026-07-23
On July 23, US Trade Representative Greer invoked Section 301, adding 12.5% on top of existing tariffs on 38 economies including China and Hong Kong on the grounds of inadequate forced labor enforcement, effective in the early hours of July 24.
Location: Washington · Importance IV · Verification: Reported · View causal chain →
2026-07-03
The Ministry of Commerce announced that China and the US have agreed in principle to lower tariffs on some agricultural products, indicating a easing of economic and trade relations between the two countries.
Location: China · Importance III · Verification: Reported · View causal chain →
2026-06-02
On June 2, 2026, the U.S. Office of the United States Trade Representative proposed a measure to impose a 12.5% tariff on Chinese products due to forced labor investigations.
Location: United States · Importance III · Verification: Verified · View causal chain →
2026-05-13
Trump stated that during his visit to Beijing in May, he established a trade council with the Chinese side, and teams from both sides subsequently promoted the establishment of a more balanced trade relationship.
Location: Beijing, China · Importance IV · Verification: Official claim · View causal chain →
2026-05
In May of this year, after visiting China and meeting with Xi Jinping, President Trump announced that China had agreed to purchase two hundred Boeing aircraft, with the total number of future orders potentially increasing to seven hundred and fifty.
Location: China · Importance III · Verification: Reported · View causal chain →
2025-12-31
On December 31, China’s Ministry of Commerce announced quota restriction measures on beef imports from countries including Brazil, Argentina, New Zealand, Australia and the United States, imposing an additional 55% tariff on beef imports exceeding the quota.
Location: China · Importance IV · Verification: Reported · View causal chain →
2025-10-09
On October 9, 2025, the Ministry of Commerce of China announced the strictest rare earth export control measures to date, and Trump immediately announced an additional 100% tariff on China; after a ceasefire was reached in early November, China suspended the measure.
Location: Beijing · Importance IV · Verification: Verified · View causal chain →
2025-04-10
April 10, 2025, the White House clarified that the newly imposed 125% “reciprocal tariff” on China, combined with the previously imposed 20% tariff due to fentanyl, brings US tariffs on most Chinese goods to a total of 145%.
Location: Washington, United States · Importance IV · Verification: Verified · View causal chain →
2025-04-10
The Trump administration had raised tariffs on Chinese goods to 145% earlier this year, after which China and the United States temporarily lowered tariffs and maintained a trade truce. Trump said relevant talks would be held during the summit.
Location: United States · Importance IV · Verification: Verified · View causal chain →
2020-01-15
On January 15, 2020, US President Trump and Chinese Vice Premier Liu He signed the China-US Phase One economic and trade agreement at the White House.
Location: Washington, United States · Importance IV · Verification: Verified · View causal chain →
2018-12-01
During the China-U.S. trade war, China pledged to purchase more U.S. soybeans and other agricultural products and to stop stealing technology; the host said those pledges were ultimately not fulfilled.
Location: China · Importance III · Verification: Verifying · View causal chain →