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News 2026-10-04 12:11 UTC

U.S., China recommend reciprocal tariff cuts on goods

U.S. and China recommended reciprocal tariff cuts on about $30 billion of goods each under a “30-for-30” framework. The U.S. list mainly targets Chinese consumer goods, while China’s list includes U.S. agricultural products and other non-sensitive exports; rates and timing are not finalized.