economyTuesday, September 29, 20262 sources

China and United States Reach $30 Billion Reciprocal Tariff Reduction Agreement

China and the United States announced a reciprocal reduction of tariffs on approximately $30 billion worth of goods, with around 90 percent of products covered to be lowered to most-favored-nation rates. The agreement was announced by the Ministry of Commerce in Beijing. The two sides also agreed to extend their Kuala Lumpur consultations.

China and the United States have reached an arrangement to reciprocally reduce tariffs on about $30 billion worth of goods from each side, with tariffs on around 90 percent of products covered to be lowered to most-favored-nation rates, according to the Ministry of Commerce. The announcement was made in Beijing on September 29, 2026. The two sides agreed to extend their Kuala Lumpur consultations, though the specific location and details of the consultations remain unspecified in the reports.

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US-China Strategic Competition

Sources

IndependentLa PrensaSep 29, 06:13 AM
China-US economic and trade consultations yield positive consensus

BEIJING – China and the United States have reached an arrangement to reciprocally reduce tariffs on about $30 billion worth of goods from each side, with tariffs on around 90 percent of products covered to be lowered to most-favored-nation rates, the Ministry of Commerce announced on Monday. The two sides agreed to extend their Kuala [...]

IndependentThe Phnom Penh PostSep 29, 06:13 AM
China-US economic and trade consultations yield positive consensus

BEIJING – China and the United States have reached an arrangement to reciprocally reduce tariffs on about $30 billion worth of goods from each side, with tariffs on around 90 percent of products covered to be lowered to most-favored-nation rates, the Ministry of Commerce announced on Monday. The two sides agreed to extend their Kuala [...]