SAN FRANCISCO: The White House released Sunday (Sep 27) lists of products that could benefit from lower tariffs under an arrangement with China affecting US$30 billion in goods in each direction, without specifying the rates or timetable.
US President Donald Trump and his Chinese counterpart Xi Jinping concluded a summit on Friday, with their talks covering matters including trade.
The United States and China will review the lists “with a view toward providing reduced tariff treatment to those goods in a reciprocal manner”, according to the terms released by the White House.
The US could reduce tariffs on 77 categories of Chinese goods…
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