US, China agree on tariff cuts for $30 billion of goods each way

The United States and China have agreed on reciprocal tariff reductions covering $30 billion worth of non-sensitive goods in each direction, as Chinese President Xi Jinping concluded a three-day visit to the United States with a summit with President Donald Trump.

The United States and China have agreed on reciprocal tariff reductions covering $30 billion worth of non-sensitive goods in each direction, as Chinese President Xi Jinping concluded a three-day visit to the United States with a summit with President Donald Trump.

The agreement, reached through the U.S.-China Board of Trade, is part of efforts to ease trade tensions between the world’s two largest economies.

The White House said the two countries agreed to recommend more favorable tariff treatment for $30 billion worth of non-sensitive goods from each country.

For US exports to China, the goods include agricultural products, fish and seafood, logs and wood products, cosmetics and medical devices. For Chinese exports to the United States, they include small appliances, toys, holiday decorations and children’s car seats.

The White House also said China would import at least 10 million metric tons of coal from the United States in 2027 and again in 2028.

The Board of Trade has also launched a working group focused on addressing market-access barriers in agriculture.

The two countries said they would continue working on US concerns over supply-chain shortages involving rare earths and other critical minerals, with the aim of returning shipments to appropriate levels, according to the White House.

The agreement followed Xi’s three-day visit to the United States, during which he held talks with Trump.

The two sides also agreed to extend their trade truce by two months, pushing its expiration date to November 10 and giving negotiators more time to work toward a broader trade agreement.