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China and US Agree to Reduce Tariffs on Various Products to Boost Trade

Summary by La Vanguardia
China and the United States agreed to reduce tariffs on some products to promote bilateral trade, according to a statement by the Ministry of Trade of China, which qualifies the preliminary agreements.Continue reading...

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The United States (US) and China have reached an agreement to reduce tariffs on “relevant products” between the two nations following the visit of US President Donald Trump to the Asian giant. Thus, this is one of the results of the summit held this week in Beijing between Chinese President Xi Jinping and his US counterpart. However, neither the percentage, nor the date of application of the rebate, nor the goods that will be affected by this pa…

Lean Left

China and the United States agreed to reduce tariffs on some products to promote bilateral trade, according to a statement by the Ministry of Trade of China, which qualifies the preliminary agreements.Continue reading...

·Granada, Spain
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Lean Left

The statement came despite the fact that Trump assured that China did not discuss duties at the meeting and the US agreed to mutually reduce duties on certain goods after the two-day summit between US President Donald Trump and Chinese leader Xi Jinping in Beijing. This was reported by RBC-Ukraine with reference to Bloomberg. Read also: Trump allowed the lifting of sanctions against China related to Iran The Chinese Ministry of Commerce reported…

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China and the United States have agreed a tariff reduction on "relevant products", without specifying for the time being either the percentage to be lowered or the date of entry into force, as a result of the summit held this week in Beijing between Chinese President Xi Jinping and his American counterpart, Donald Trump.

The statement confirmed China’s plan to acquire US aircraft, although it did not specify the number or the brand

·Bogotá, Colombia
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Portfolio broke the news on Saturday, May 16, 2026.
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