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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.

The U.S. is pushing forward on President Trump’s pledge to pause penalties aimed at China’s shipbuilding industry, a key concession in his interim trade pact with counterpart Xi Jinping.

After months of posturing, arguing and threatening, U.S. President Donald Trump and Chinese leader Xi Jinping have essentially turned back the clock.

While the U.S. and China agreed to suspend plans for higher tariffs and stricter export controls during their summit, the investigation is still moving forward, Greer said Oct. 30.

The U.S. will also halve fentanyl-related tariffs on Chinese goods, while Beijing resumes purchases of soybeans and other American agricultural products.

Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months.

The Trump administration is launching a trade investigation that opens the door to new tariffs on Chinese goods, ratcheting up tensions before a highly anticipated Trump-Xi summit next week.

Canada is launching an antidumping investigation into truck body imports from China just as Prime Minister Mark Carney is trying to ease trade tensions with the east Asian country. 

President Donald Trump and Chinese President Xi Jinping will meet Oct. 30 on the sidelines of the Asia-Pacific Economic Cooperation summit, the White House announced.