US and China Propose Tariff Reductions: Discover the Products on the Table
· Telemundo McAllen (KTLM)
From American hair products to Chinese toys, the United States and China released reciprocal lists on Monday of non-sensitive products valued at approximately $30 billion each that will see tariff cuts in an agreement expected to boost bilateral trade. The details emerged days after Chinese President Xi Jinping met with his American counterpart Donald Trump in Washington during his first state visit to the United States since 2015. The United States had already reduced tariffs against China after Trump's levies had soared to as high as 145% last year, as tensions between the two countries eased. China's Ministry of Commerce stated in a release that the agreement will help strengthen trade cooperation.
AI summary · Source: Telemundo McAllen (KTLM) →
