BusinessUS and China Agree on $30 Billion Tariff Cut Lists
The US and China have released lists of goods worth $30 billion on which they plan to reduce tariffs. The US list includes 1,619 products, while China’s list has 77 products. China’s Ministry of Commerce stated that about 90% of these products will see tariffs cut to most-favored-nation rates, though specific tariff reduction amounts were not disclosed.
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