Brief
US and China announce tariff cuts on $60 billion of goods after Trump‑Xi talks
The United States and China will lower tariffs on roughly $30 billion worth of goods each, covering items from hair care to toys, after a summit in Washington.
By Felo News Desk · Published
The United States and China have each published lists of non‑sensitive products worth about $30 billion that will receive tariff reductions, officials said on Thursday. The move follows President Donald Trump’s meeting with Chinese President Xi Jinping at the White House on September 24.
According to the Chinese commerce ministry, 1,619 U.S. goods entering China – including agricultural commodities, timber, medical equipment, coal and personal‑care items – will see cuts, while 77 Chinese export categories such as tableware, fireworks, soccer balls, glass, wooden Christmas ornaments and toys will also benefit. Over 90 % of the items will be aligned with “most‑favoured‑nation” WTO rates, which are typically in single digits.
U.S. Trade Representative Jamieson Greer said the lists focus on “nonsensitive goods on each side that could benefit from more favourable tariff treatment.” He added that the agreement could improve market access for U.S. farmers, manufacturers and workers, and lower prices for American consumers. Both sides indicated the lists may be adjusted annually, but no major sectors such as chips, electric vehicles or batteries are included.
Key facts
- The United States and China each released lists covering about $30 billion of non‑sensitive products for tariff cuts. (independent.co.uk)
- 1,619 U.S. goods entering China, including agricultural commodities and medical equipment, are included. (independent.co.uk)
- 77 Chinese export categories, such as toys and fireworks, will receive reduced tariffs in the U.S. (independent.co.uk)
- Over 90 % of the items will be aligned with WTO most‑favoured‑nation rates, typically single‑digit percentages. (independent.co.uk)
- U.S. Trade Representative Jamieson Greer said the lists target nonsensitive goods and could boost market access for U.S. producers. (independent.co.uk)
Sources
- [1] independent.co.uk — originally reported as “The $60 billion products receiving tariff cuts after Trump-Xi meeting”
