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The US and China have agreed to lower tariffs on $60 billion worth of goods, following Chinese President Xi Jinping’s state visit to Washington last week.

Getting into it: Under a new “30-for-30” framework set up through the US-China Board of Trade, each country released a list of $30 billion in “non-sensitive” goods from the other that will get lower tariffs, though neither side has said how big the cuts will be or when they’ll take effect. China’s list covers 1,619 US products, mostly agricultural goods like corn, wheat, sorghum, meat and dairy, along with seafood, wood products, cosmetics and medical devices such as X-ray machines, pacemakers and surgical robots.

The US list covers 77 Chinese products, including toys, kitchen appliances, tableware, bedding, fireworks, holiday decorations and children’s car seats. The White House also said China will buy at least 10 million metric tons of US coal in both 2027 and 2028, roughly 2% of its annual coal imports.

One notable omission was soybeans, the biggest US farm export to China at $16.2 billion last year. They will stay under Beijing’s 10% retaliatory tariff. The American Soybean Association said lifting that tariff would have made US soybeans more competitive and opened up sales to private Chinese buyers.

In a statement, US Trade Representative Jamieson Greer said, “From agricultural products to medical devices, President Trump is unlocking improved market access for about 30 percent of U.S. exports to China, while benefiting consumers with imports from China of household goods, toys, and other products that the United States generally does not import from other countries.”

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