The United States and China have identified thousands of products that could qualify for reduced tariffs under a new trade arrangement, although neither side has announced specific rates or an implementation schedule.
The White House released the product lists on Sunday, following a summit between US President Donald Trump and Chinese President Xi Jinping. Their discussions on Friday included trade and efforts to ease tensions between the two economic powers.
Under the agreement, Washington and Beijing will review the lists and consider granting lower tariffs to eligible goods on a reciprocal basis.
The US list covers 77 categories of Chinese imports, including fireworks, Christmas decorations, household products and sporting equipment.
Meanwhile, China’s list contains more than 1,600 categories of US exports. These include beef, pork, poultry, seafood, grains, dairy products, whiskey, coal and timber.
The White House said the two countries had agreed on recommendations for more favorable tariff treatment for the listed “non-sensitive goods.” Chinese officials confirmed the arrangement on Saturday.
Additionally, China has agreed to purchase at least 10 million metric tons of US coal during 2027 and 2028, according to the White House.
The latest understanding follows a period of intense trade tensions between Washington and Beijing. Trump and Xi reached a temporary trade truce last year during a meeting in South Korea after tariffs between the two countries surged above 100 percent.
The agreement was initially scheduled to expire in November. However, US Treasury Secretary Scott Bessent said both sides had agreed to extend the arrangement until January 10.
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