Tariffs Cut on $30 Billion of Goods as the US and China Sign a Trade Deal

The United States and China signed an agreement to cut "non-sensitive" tariffs on $30 billion of goods each imports from the other, following a three-day visit by Xi Jinping to Donald Trump in Washington. ArzDigital, citing the White House, reported the deal on Saturday, 26 September 2026 (4 Mehr 1405).

According to the White House, China will reduce tariffs on some US farm products, seafood, wood products, cosmetics and medical equipment, while the United States will lower tariffs on Chinese small electrical appliances, toys, festive decorations and child car seats. China has also committed to importing 10 million tons of US coal in each of 2027 and 2028. The two countries additionally agreed to set up a channel to manage incidents related to artificial intelligence and to strengthen military crisis communications.

The deal, first raised at the two leaders' May meeting in Beijing, signals an easing of the trade war between the world's two largest economies, a development that bears on the outlook for global demand for commodities and energy, including China's oil purchases.