US, China agree to cut tariffs on $60B worth of products
The U.S. and China have agreed to reduce tariffs on $60 billion worth of goods following a meeting between President Trump and President Xi Jinping. The new framework lowers tariffs on $30 billion of products from each nation.
The U.S. and Chinese governments each unveiled $30 billion worth of products subject to lower tariffs, after President Trump and Chinese President Xi Jinping met last week in Washington, according to the White House. Chinese products subject to lower tariffs under the new “30-by-30” framework include fireworks, kitchenware, flashlights, baseballs and softballs and fishhooks, as...
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