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U.S. and China Release Reciprocal $30B Product Lists for Tariff Cuts
The framework covers about $30 billion in goods each way and excludes chips, electric vehicles and batteries, officials said.
- 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.
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China and the United States have released reciprocal lists of products worth about $30 billion each for tariff cuts under the newly established Board of Trade framework, a move that is expected to further strengthen bilateral trade, the Ministry of Commerce said on Monday.
·Beijing, China
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U.S. and China pledge tariff cuts on $60B in goods | Honolulu Star-Advertiser
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 U.S. corn to cosmetics, and from Chinese toys to household appliances, with some notable omissions on each side.
·Honolulu, United States
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Coverage Details
Total News Sources216
Leaning Left27Leaning Right37Center58Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 22%
C 48%
R 30%
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