U.S. and China Release Reciprocal $30B Product Lists for Tariff Cuts
More than 90% of covered products will get most-favored-nation rates, and both sides left strategic sectors such as chips and batteries out.
- 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.
104 Articles
104 Articles
China and the United States have agreed to reduce reciprocal duties on goods worth $60 billion, with a range of products ranging from American corn and cosmetics to Chinese appliances and toys...
Washington and Beijing have identified $60 billion in goods for tariff reduction, including American agricultural products, Chinese toys, and household appliances.
New U.S.-China Trade Deal Offers Limited Tariff Relief
The new trade deal between the United States and China eases tariffs on roughly $60 billion in goods moving between the two countries, providing targeted relief for industries such as agriculture, timber and consumer products. While the agreement extends a temporary pause on some of the highest tariff rates, many tariffs remain in place, limiting its immediate impact on businesses and consumers. The agreement also includes plans for China to pur…
It is in a wide range of items ranging from American corn to cosmetics, and from Chinese appliances to toys
Pittsburgh Post-Gazette
Washington TimesU.S. and China release reciprocal $30 billion product lists for tariff cuts after Trump-Xi meeting
HONG KONG — The United States and China released Monday reciprocal lists of products worth about $30 billion each that will see tariff cuts, from...
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