U.S. and China Release Reciprocal $30B Product Lists for Tariff Cuts
- On Monday, the United States and China released reciprocal lists of goods worth $30 billion each eligible for tariff reductions, following Chinese President Xi Jinping's three-day state visit to Washington.
- The U.S.-China Board of Trade, established in Beijing last May, developed the '30-for-30' framework to identify non-sensitive products for favorable tariff treatment, excluding strategically significant items like semiconductors and batteries.
- China's list covers 1,619 U.S. export categories including agricultural commodities and medical equipment, while the U.S. list features 77 categories of Chinese consumer goods such as toys, tableware, and holiday decorations.
- U.S. Trade Representative Jamieson Greer stated the deal helps secure market access for American farmers and manufacturers, though some experts say the $30 billion scale may limit broader economic impact.
- President Donald Trump and Xi are scheduled to meet again in November at the Asia-Pacific Economic Cooperation summit in Shenzhen and in December at the Group of 20 summit in Florida.
270 Articles
270 Articles
The United States and China have taken another step toward easing their trade war. The two countries have agreed to reduce tariffs on $60 billion worth of each other's imports, covering thousands of everyday products from food to toys to kitchen appliances.
Hawaii Tribune-Herald
West Hawaii TodayChina, US pledge tariff cuts on $60 billion of goods including agriculture, toys, toasters
BEIJING — China and the United States said they will pursue tariff cuts on $60 billion worth of goods imported from each other, including products from US corn to cosmetics, and from Chinese toys to household appliances, with some notable omissions on each side.
U.S., China release $60 bil. nonsensitive product lists for tariff cuts after Trump-Xi meeting
The United States and China on Monday released reciprocal lists of nonsensitive products worth about $30 billion each that will see tariff cuts, from American hair products to Chinese toys, in a deal expected to help bolster bilateral trade.
Coverage Details
Bias Distribution
- 49% of the sources are Center
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D60&w=128&q=75)
Factuality
To view factuality data please Upgrade to Premium
