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U.S. and China Cut Tariffs on $30B Goods Each

By Drooid · Sep 27, 2026, 10:54 AM UTC · How we work

Summary

Story summary

The United States and China agreed to slash tariffs on $30 billion of goods each way.
Tariff cuts cover U.S. agricultural, medical, fish, wood and cosmetics exports.
China pledged to buy at least 10 million metric tons of U.S. coal annually in 2027-28.
A market-access working group for agriculture was created, but China has not met its $17 billion purchase pledge.
The 90-day trade truce was extended two months beyond the November 10 deadline.

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Story summary

The United States and China agreed to slash tariffs on $30 billion of goods each way.
Tariff cuts cover U.S. agricultural, medical, fish, wood and cosmetics exports.
China pledged to buy at least 10 million metric tons of U.S. coal annually in 2027-28.
A market-access working group for agriculture was created, but China has not met its $17 billion purchase pledge.
The 90-day trade truce was extended two months beyond the November 10 deadline.