Negotiators are striving to implement reciprocal tariff reductions on $30 billion worth of goods “at an early date,” Commerce Ministry spokesperson Huang Ling said at a weekly briefing. The $30 billion will be from each side, China’s official Xinhua News Agency said.
U.S. President Donald Trump and Chinese leader Xi Jinping are expected to meet in Washington on Sept. 24 for what will be their third face-to-face talks in the past year. Both governments characterize the meetings as a way to stabilize relations in an era of competing interests between the world’s two largest economies.