US, China agree to cut tariffs on $30 billion worth of goods, set up channel for AI incidents
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US, China agree to cut tariffs on $60B worth of products
The U.S. and Chinese governments unveiled $30 billion each worth of products subject to lower tariffs, after President Trump and Chinese President Xi Jinping met last week in Washington, D.C., 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,…
Sep 28, 2026
US, China agree to cut tariffs on $30 billion 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 (AI) following President Trump’s summit with Chinese President Xi Jinping. The agreements were part of an eight-point consensus reached during Xi’s three-day state visit to Washington, D.C., which…
Sep 26, 2026