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United States-China tariff plan covers dollar 30 billion each way

The board is focused initially on trade in non-sensitive goods between the two countries

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Xi Jinping

Xi Jinping

The United States and China have approved lists of goods worth roughly $30 billion on each side for possible tariff cuts, according to documents released after President Xi Jinping’s visit to Washington. The lower tariffs have yet to take effect.

The lists are the first concrete proposal under the US-China Board of Trade, established during President Donald Trump’s visit to Beijing in May. The board is focused initially on trade in non-sensitive goods between the two countries.

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