The United States and China have reached a trade agreement covering $30 billion worth of “non-sensitive goods” following President Donald Trump’s meeting with Chinese President Xi Jinping this week.
Under the agreement, tariffs will be reduced on a range of consumer products traded between the two countries, including small appliances, toys, holiday decorations and children’s car seats.
The tariff reductions could reduce the cost of some goods imported into the United States by lowering the duties paid by companies bringing those products into the country.
China will also reduce tariffs on several categories of American exports, including agricultural products, seafood, wood products, cosmetics and medical devices.
The agreement comes as the Trump administration continues negotiations with Beijing over trade and economic issues. Trump and Xi met this week as the two sides sought to ease tensions that have produced higher tariffs and restrictions on trade between the world's two largest economies.
As part of the broader agreement, China has also agreed to purchase 10 million metric tons of U.S. coal in both 2027 and 2028. The commitment would provide American coal producers with access to a major international market.
The White House said negotiations over rare earth minerals are continuing. Rare earths have remained a key issue in U.S.-China trade talks because of China's significant role in global production and processing.
The latest agreement represents another step in the administration's efforts to secure greater access for American products in Chinese markets while reducing trade barriers on goods imported by American consumers.
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