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“It will definitely be positive for the cost of logistics,” said Mohammed Akoojee. “Up until now, the trade war has increased the cost of logistics in terms of freight rates and duties.”

Soybean futures jumped on signals that China is stepping up buying of the oilseed, offering hope for U.S. farmers after purchases appeared to have stalled.

After a flurry of orders late last month — which were the first of this season — Chinese imports of U.S. cargoes seem to have faltered, according to traders who asked not to be identified.

The pause is fueling uncertainty over whether the biggest consumer of American soybeans will import as much as President Donald Trump’s administration claims to expect.

Mexican President Claudia Sheinbaum’s plan to impose steep tariffs on Chinese imports has been delayed until at least December as mounting opposition stalls congressional debate.

China said Nov. 10 it is making good on its pledge to crack down on chemicals that can be used to make fentanyl, a key issue for Donald Trump during recent talks with Chinese leader Xi Jinping.

For companies that make technology subject to Commerce Department licensing, the expected pause offers a welcome reprieve from a policy they viewed as a massive compliance headache.

It’s unclear if the next few months will mark a turning point for the struggling farm machinery sector, with minimal details on the U.S.-China trade deal for manufacturers.

Dutch PM Dick Schoof said China agreed to resume deliveries of Nexperia chips from plants in the country, signaling a possible breakthrough in a clash that risked disrupting auto production.

The decision follows the meeting between President Donald Trump and  Xi Jinping, a summit that produced a trade truce that set China back on the path to buying American farm goods again.