US Details Reciprocal $30 Billion Tariff-Cut Framework with China

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Source: Dukascopy Bank SA
The United States and China have finalized product lists for a reciprocal tariff-reduction framework covering approximately $30 billion in imports from each nation, lowering duties on roughly 90% of covered goods, including over 1,600 Chinese consumer products and 77 categories of U.S. agricultural, energy, and medical exports, to most-favored-nation rates while establishing bilateral trade councils and an artificial intelligence dialogue.




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