US and China agree to cut tariffs on $30 billion in goods

In total, this involves goods worth approximately $30 billion, on which each country has lowered tariffs.

The US will lower tariffs on Chinese toys, microwave ovens, kitchenware and certain electrical equipment. At the same time, China will lower tariffs on cotton, coal, pistachios, medical equipment and beauty products, among other things.

Last year, trade between the United States and China amounted to $415 billion (just over four trillion kronor).

At the meeting, Trump and Xi also agreed to extend a pause on other tariffs until January 2027.