U.S. and China release reciprocal $30 billion product lists for tariff cuts after Trump-Xi meeting

The United States and China released Monday reciprocal lists of products worth about $30 billion each that will see tariff cuts, from American hair products to Chinese toys, in a deal expected to boost bilateral trade.

U.S. and China release reciprocal $30 billion product lists for tariff cuts after Trump-Xi meeting

TL;DR

  • The U.S. and China have released reciprocal lists for tariff cuts.
  • Each list covers products valued at about $30 billion.
  • Affected products include American hair products and Chinese toys.
  • The agreement is expected to boost bilateral trade.