WASHINGTON: The United States and China have released reciprocal lists of nonsensitive products worth about $30 billion each that will receive tariff reductions following the latest trade discussions between the two countries.

The measures cover selected goods and follow agreements reached by Washington and Beijing as both sides seek to manage trade tensions and maintain commercial ties.

Businesses importing or exporting between the two countries are watching the product lists closely because tariff changes can affect costs, supply chains and final prices.

Source: PBS NewsHour / AP and Office of the U.S. Trade Representative.

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Imran Siddiqui

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