China will cut tariffs on a wide range of US farm goods, from corn and wheat to meat and dairy, but soybeans have been left off the list.

China’s commerce ministry and the White House jointly issued the tariff-reduction list on Monday. More than 90 per cent of the covered products will face only most-favoured-nation tariff rates instead of the extra duties imposed during the trade fight.

The list covers sorghum, vegetable oils and meals, including soyoil and soymeal, along with meat and dairy products. No date was given for when the cuts take effect.

The cuts are part of a $60 billion package of reciprocal tariff reductions agreed after the Xi-Trump summit in Washington last week. Both sides also agreed to form a trade council.

US soybeans still face an extra 10 per cent tariff, which traders say private buyers cannot absorb. State buyers Sinograin and COFCO have bought over 12 million tons of US soybeans, nearly half the 25 million tons the White House says Beijing agreed to buy each year through 2028. Why it matters: farm trade is a key pressure point in the US-China relationship.