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 pact reached last year to lower tariffs and suspend other trade actions will stay in effect until Jan. 10, Treasury Secretary Scott Bessent told Fox News.

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.

List covers corn, wheat, sorghum, meat, dairy, vegetable oils and meals US soybeans still face additional 10% tariff; traders warn private crushers cannot absorb it State buyers have bought over 12 ...

Beijing: China and the US have agreed on 10 outcomes from their latest economic and trade talks, including reciprocal tariff reductions on USD 30 billion worth of imports and the arrangement for the ...

In the fall and summer of 2026, social media users claimed that Canada resold Chinese steel as Canadian to help China avoid U.S. tariffs. It is true that American businesses have accused Canadian ...

Add Yahoo as a preferred source to see more of our stories on Google. Shuaizhi Tian from Pexels/Canva, Nikada and George Jurasek from Getty Images The claim that Canada assisted China in avoiding U.S.

Add Yahoo as a preferred source to see more of our stories on Google. Treasury Secretary Scott Bessent said Monday officials from the U.S. and China are considering lowering tariffs on "noncritical" ...