President Donald Trump and Chinese President Xi Jinping have reached a new agreement aimed at lowering tariffs on billions of dollars in goods traded between the United States and China, marking a significant development following Xi’s multi-day visit to Washington.
The deal focuses on what the administration describes as “non-sensitive” products, creating a framework for more favorable tariff treatment on roughly $30 billion worth of goods from each country. In total, the arrangement could affect approximately $60 billion in annual two-way trade.
The White House announced the details after Xi’s visit concluded, outlining a trade arrangement designed to expand commerce in areas that do not directly implicate national security.
Under the agreement, China will provide tariff relief on a range of American exports, including agricultural products, seafood, timber and wood products, cosmetics and medical devices. The United States, meanwhile, will offer comparable treatment for selected Chinese products, including toys, small household appliances, holiday decorations and children’s car seats.
