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Israel Online · Sep 29, 2026

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U.S. and China Move to Cut Tariffs on $60 Billion in Trade The United States and China have agreed to pursue reduced tariffs on about $60 billion worth of non-sensitive goods following talks between President Donald Trump and Chinese President Xi Jinping. Under the “30-for-30” framework, each country identified roughly $30 billion in goods from the other for preferential tariff treatment. The products include agricultural goods, medical equipment, seafood and consumer products. Soybeans were excluded. China also committed to importing at least 10 million metric tons of U.S. coal in both 2027 and 2028.

*U.S. and China Move to Cut Tariffs on $60 Billion in Trade* The United States and China have agreed to pursue reduced tariffs on about $60 billion worth of non-sensitive goods following talks between President Donald Trump and Chinese President Xi Jinping. Under the “30-for-30” framework, each country identified roughly $30 billion in goods from the other for preferential tariff treatment. The products include agricultural goods, medical equipment, seafood and consumer products. Soybeans were excluded. China also committed to importing at least 10 million metric tons of U.S. coal in both 2027 and 2028.

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