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US and China trade truce and tariffs

Summary by BizToc
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4 Articles

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China and the United States are actively communicating on a mutual tariff reduction on goods worth $30 billion, according to Chinese Commerce Ministry spokesman He Yadong. “At present, the trade and economic delegations of the two sides are in close contact on this issue,” he said at a weekly briefing, commenting on joint consultations aimed at eliminating tariffs on goods worth $30 billion. The spokesman promised that the Commerce Ministry woul…

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China and the United States' economic and trade teams are maintaining close communication on various issues, including the reduction of duties.

Chinese Commerce Ministry spokesperson He Yadong, at a press conference held today, addressed the latest developments in negotiations between China and the US regarding reciprocal tariff reductions amounting to $30 billion...

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BizToc broke the news on Wednesday, September 16, 2026.
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