US, China Announce Reciprocal Tariff Reduction Plan for $30 Billion in Goods
The proposal covers goods from each country, while Washington and Beijing also announced agreements on Iran and technology talks.
TL;DR
- US and China to reduce tariffs on $30 billion of goods from each country.
- The tariff reduction plan covers non-sensitive goods.
- Announcements made after talks between President Trump and Chinese leader Xi Jinping.
- Agreements also reached on Iran's nuclear program and artificial intelligence dialogue.
- Chinese leader Xi Jinping concluded his state visit to Washington.