China and US Agree Tariff Cuts on $60 Billion of Goods: What the New Trade Deal Means for Agriculture, Consumers and the Global Economy
China and the United States have agreed to reduce tariffs on goods worth about $60 billion in bilateral trade, marking one of the clearest signs yet that the world's two largest economies are trying to stabilize their deeply strained commercial relationship. Under the new framework, each side has recommended roughly $30 billion worth of non-sensitive goods that could receive more favorable tariff…
