Foie gras, live dolphins and toasters: China and US cut reciprocal tariffs on $30bn each of goods
The United States and China have announced reciprocal tariff reductions on approximately $30 billion each of goods, signaling a move away from their trade war. These lists, which include items like consumer electronics, agricultural products, and even live animals, were released following a meeting between Presidents Xi Jinping and Donald Trump.

Briefing Summary
AI-generatedThe United States and China have announced reciprocal tariff reductions on approximately $30 billion each of goods, signaling a move away from their trade war. These lists, which include items like consumer electronics, agricultural products, and even live animals, were released following a meeting between Presidents Xi Jinping and Donald Trump. The reductions, brokered by the US-China Board of Trade, aim to improve market access for certain exports but do not include strategic goods such as semiconductors or batteries. While considered a positive step towards stabilizing the relationship, experts note it is not a major breakthrough as significant tariffs remain in place. No timeline has been provided for when these tariff cuts will take effect.
Article analysis
Model · rule-basedKey claims
5 extractedThe agreement has been brokered through the US-China Board of Trade, set up during Trump’s visit to Beijing in May.
US and China will cut reciprocal tariffs on $30bn each of goods, including consumer electronics, agricultural products, artificial flowers, and live dolphins.
The list represented 'improved market access for about 30% of US exports to China'.
Levies on more than 90% of the products would be subject to 'most favoured nation' levels.
The tariff reductions cover a relatively small share of US-China trade, and major strategic products like semiconductors are not included.