US-China agree on $30 billion tariff cuts: Here’s what Beijing has revealed about the deal
- China and the US agreed to lower tariffs on $30 billion worth of non-sensitive goods in each direction.
- US goods covered include farm products, seafood, timber, cosmetics and medical devices.
- Chinese goods include small appliances, toys, holiday decorations and children’s car seats.
- The two sides also agreed to launch AI talks in November and strengthen military crisis communication.
Source: firstpost.com
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