US China agree to cut tariffs on $30B goods

The United States and China agreed to reduce tariffs on $30 billion worth of non-sensitive goods following a three-day summit in Washington, D.C., involving President Trump and President Xi Jinping. The deal, facilitated through the U.S.-China Board of Trade, marks a significant easing of trade tensions, with further details to be released soon. This agreement represents one of the most notable de-escalations since Trump's trade war actions began in early 2025.

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