US, China Release Product Lists for $30 Billion Reciprocal Tariff Reduction Deal

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The United States and China on Sept. 27 released lists of products covered by a $30 billion reciprocal tariff reduction deal reached following Chinese leader Xi Jinping’s three-day state visit to Washington last week.
The White House released a list covering 77 types of U.S. imports from China that will be subject to tariff cuts, including fireworks, tableware, artificial flowers, blankets, bed linens, highchairs, child safety seats, toys, fish hooks, and holiday decorations.
It issued another list of U.S. exports to China covering 1,619 types of items, which includes agricultural commodities, personal care products, timber, and medical equipment.
China is set to cut tariffs on some U.S. agricultural goods, including corn, wheat, meat, and dairy products, according to a list jointly issued by the Chinese Commerce Ministry and the White House. The list, however, doesn’t include soybeans, for which China is the largest buyer….
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