US-China trade

china us 30 billion tariff cut beijing says a shipping container with closed end doors

China, US Agree to $30 Billion Tariff Cut, Beijing Says

China says it agreed a $30 billion reciprocal tariff cut with the United States during Xi Jinping’s state visit to Washington, alongside a trade council, a truce extension and a standing AI dialogue. The White House lists the goods on each side but calls the package recommendations, and neither government has published rates or a start date. This article compares the two accounts, measures the deal against 2025 trade and sets out what to watch before the truce expires on 10 January 2027.

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