US and China release $60 billion nonsensitive product lists for tariff cuts after Trump-Xi meeting

The United States and China on Monday released reciprocal lists of nonsensitive products worth about $30 billion each that will see tariff cuts, from American hair products to Chinese toys, in a deal expected to help bolster bilateral trade.

The details came days after Chinese President Xi Jinping met with U.S. President Donald Trump in Washington in his first state visit to the U.S. since 2015. The U.S. had already reduced tariffs against China after Trump’s tariffs reached as high as 145% at one point last year, as tensions between the two countries eased.

China’s commerce ministry said in a statement the agreement will help strengthen trade cooperation.

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