U.S., China agree to cut tariffs on $60 billion in goods

Digest more
U.S., China to lower tariffs on $60 billion of goods. Here's what qualifies
BEIJING — The U.S. and China are planning to reduce tariffs on $30 billion worth of goods from each country, according to government announcements from both sides Monday.

Continue reading

China and the U.S. Pledge to Cut Tariffs on $60 Billion in Goods
China, US agree to $30 billion tariff cut, AI dialogue during Xi visit, China foreign ministry says
China, US agree tariff cuts on $60 billion of goods including agriculture, household items
China and the United States have agreed to cut tariffs imposed on $60 billion worth of goods imported from each other, on an array of products ranging from US corn to cosmetics, and from Chinese house...

Continue reading

Washington Post · 1d
US and China release $60 billion nonsensitive product lists for tariff cuts after Trump-Xi meeting
US and China Detail List of Products Agreed Under $30 Billion Tariff Cut Deal After Trump-Xi Meeting
Trump and Xi Jinping agree to US-China tariff cuts as markets react to trade deal
‘The Big Money Show’ breaks down the new U.S.-China $30 billion trade framework, potential tariff relief and what it could mean for American farmers, manufacturers and consumers.

Continue reading

U.S., China release product lists for tariff cuts after Trump-Xi meeting
US and China release reciprocal $30 billion product lists for tariff cuts after Trump-Xi meeting

Novo Nordisk to license GLP-1 drug from China's Hengrui in $2.6 billion deal

Sept 29 (Reuters) - Novo Nordisk will pay up to $2.6 billion to Jiangsu Hengrui Pharmaceuticals for the rights to an experimental anti-obesity pill, expanding its pipeline through a second GLP-1 treatment deal with a Chinese partner.

Trump officials warn China is weaponizing rare-earth dominance as Beijing uses critical minerals for leverage

David Perdue says China has "weaponized" rare earths dominance, warning that U.S. supply chains face risks including arrest and asset seizures.

The Nike Lifer Driving a High-Stakes Turnaround in China

Once one of its best markets, the country is now a major cause of the sportswear giant’s sinking fortunes.
The Economist

World in Brief: Russian drone strikes pound Kyiv; America and China cut tariffs

America and China will cut tariffs on around $30bn-worth of each other’s goods ($60bn in total)—including American corn and cosmetics, and Chinese toasters and toys—followin
The Business Standard

China opens four high-speed rail sections, expanding national network

In northeastern China, the 318-km Harbin-Yichun section is the northernmost high-speed railway built in the country.

US and China agree $60bn low tariff regime for goods from foie gras to camels

The US and China have agreed to create a lower tariff regime covering $60bn in trade in non-sensitive goods from electric shavers to camels, in an effort to inject some stability into relations between the powers.

Trump-Xi meeting: Why China's self-sufficiency changes the calculus

Persistent growth of Chinese exports to the U.S. is helping the world's second-largest economy ride out ongoing domestic challenges.

See How the U.S. Is Attacking China’s Control of Critical Minerals

A Trump administration initiative to create a China-free supply chain for military and industrial inputs is starting to work.

Unsettling to American partners: Trump's offer to sell arms to China is an admission he doesn't take its security threats seriously, experts warn

While the White House denied there are plans for one, an arms sale would completely undermine U.S. efforts to keep China from becoming a superpower, according to policy experts.