U.S. and China Agree to $30 Billion in Reciprocal Tariff Cuts
The U.S. and China agreed to cut tariffs on $30 billion of goods each way at this week's summit, plus new Chinese coal purchases — but rare earths remain unresolved.
The White House said the U.S. and China agreed to lower tariffs on $30 billion of "non-sensitive goods" each way, as part of a trade package reached at this week's Trump–Xi summit — a modest thaw after last year's trade war.
China's cuts: some agricultural goods, seafood, wood products, cosmetics, and medical devices.
U.S. cuts: small appliances, toys, holiday decorations, and children's car seats.
Coal: China will import at least 10 million metric tons of U.S. coal in 2027, and another 10 million in 2028.
Rare earths: unresolved. The fact sheet says both sides "continue to work" on U.S. supply-chain concerns, with no specific shipment agreement announced.
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