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China and US Release Reciprocal Lists Covering $60 Billion in Goods for Tariff Cuts

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BEIJING/WASHINGTON, September 29, 2026: China and the United States have released reciprocal lists of non-sensitive products worth about $30 billion each for tariff reductions, adding a concrete trade measure after the latest meeting between the two countries’ leaders.

According to the Associated Press, the U.S. list contains 1,619 categories of exports to China, including agricultural products, personal-care goods, timber and medical equipment. China’s list includes items such as toys, household products and decorative goods. Associated Press report

Most-favored-nation treatment

AP reported that more than 90% of the listed goods will receive most-favored-nation tariff rates, substantially reducing country-specific additional tariffs for those products.

Strategic sectors such as semiconductors and electric vehicles were excluded from the lists, meaning the arrangement does not remove all major trade restrictions between the two economies.

Trade talks continue

The announcement follows the recent Xi Jinping-Donald Trump summit and comes alongside broader efforts to stabilize bilateral economic relations. Both governments are continuing discussions on trade and other areas.

The latest arrangement follows earlier tariff developments between the two countries. NewsNationOnline previously reported on the reciprocal tariff lists.

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What the lists mean for businesses

Companies dealing in the covered products may see lower tariff costs once the measures take effect under each government’s procedures. However, the exclusion of sensitive technology and electric vehicles means important areas of the wider U.S.-China trade relationship remain subject to separate policies.

Source: Associated Press and official Chinese trade statements.

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The NewsNation Online Desk reports news from Jalna, Marathwada, Maharashtra, India and the world in Hindi, English, Marathi and Urdu. Stories are checked against official sources and published under our editorial standards.