US and China publish $60 billion tariff-cut lists after Trump–Xi summit
Washington and Beijing have released reciprocal product lists eligible for tariff relief covering roughly $30 billion of goods each, following President Trump's meeting with President Xi Jinping — the first concrete step toward stabilising their trade ties.
The White House announced the reciprocal lists after Xi's state visit, framing them as recommendations of a new US-China Board of Trade. Over 90% of the listed items will revert to most-favoured-nation rates rather than extra country-specific duties.
The US list of 1,619 categories includes corn, wheat, frozen meat, seafood, wood products, cosmetics, medical devices and coal; China pledged to buy at least 10 million tonnes of US coal in each of 2027 and 2028. American soybeans were left out — a blow to US farmers.
The two sides also extended their broader trade truce, due to expire Nov 10, to Jan 10, 2027, while negotiators tackle chips, industrial policy and market access. Experts caution the $60-billion package is small against $400-billion-plus of annual US imports from China.
