Post by Brad Setser on X
Brad Setser@Brad_Setser
XChinese concessions (beans purchases, pause on rare earth export controls) were telegraphed in advance.
US concessions seem to include
-cutting the term 2 tariff on China from 30% to 20% (= to most of emerging Asia)
-dropping the shipping 301
-[welcoming investment?]
1/2
255 likes25 repliesPosted Oct 30, 2025