The cuts will bring relief to a wide range of goods, from billiard balls to dolphins, although experts caution it’s not a major breakthrough in trade relations.
Free Malaysia Today on MSN
Companies return to China after tariff-driven exodus
The shifts come ahead of an expected Donald Trump-Xi Jinping meeting this month, with businesses seeking clarity on plans to ease barriers on some non-sensitive goods.
The United States and China have agreed to slash tariffs on $60 billion worth of goods, deepening efforts to stabilize a frequently testy relationship.
The country's customs agency released September trade data on Wednesday.
Washington and Beijing agreed to cut tariffs on nearly $30 billion of goods. Raw soybeans, a $12 billion-plus U.S. export to China, were conspicuously left off the list.
The lists included U.S. imports of toys, sports equipment and Christmas decorations, while U.S. farm products appeared on the list of Chinese imports.
China's trade with U.S. midsize businesses plummeted 20% as Trump tariffs hit 37.4%, forcing companies to shift suppliers to Southeast Asia and beyond.
China's passenger car exports have surged 64% in September compared to the same month in 2025, according to an industry ...
Drivers will be forced to pay more for electric vehicles (EV) if Andy Burnham presses ahead with new tariffs on Chinese imports, MG Motors has warned.
FOX News on MSN
US, China strike deal to lower tariffs on $30B in goods after Trump-Xi Washington summit
The United States and China agreed to slash tariffs on $30 billion in goods after Trump and Xi Jinping's three-day Washington summit this week.
China is set to cut tariffs on a broad range of US agricultural goods, from corn and wheat to meat and dairy, but top import item soybeans were excluded from a tariff-reduction list jointly issued by ...
The Hill on MSN
US, China agree to cut tariffs on $30B worth of goods, set up channel for AI incidents
The U.S. and China agreed to lower tariffs on $30 billion worth of goods each country imports from the other and launch new talks on artificial intelligence following President Trump’s summit with ...
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