The U.S. list of Chinese goods includes fireworks, household products, sports equipment and toys. China’s list of potential imports from the United States includes meat, seafood, dairy products, grains, coal, timber and medical equipment. Together, the planned relief covers about US$60 billion in bilateral trade.
China’s Commerce Ministry said tariffs on about 90% of the covered products would fall to most-favoured-nation rates. U.S. Trade Representative Jamieson Greer described the selected goods as non-sensitive and said the changes could improve access for U.S. agricultural products and medical equipment in China while easing barriers for Chinese household goods and toys.
Beijing said the reductions would take effect simultaneously after domestic legal procedures are completed. Coal is part of the framework: the White House previously said China had agreed to buy at least 10 million tonnes of U.S. coal in 2027 and the same amount in 2028. The agricultural list includes wheat, corn and sorghum; the sides also discussed annual purchases of 25 million tonnes of soybeans. China has set a goal of buying US$17 billion in U.S. agricultural goods each year by 2028.
Shares of Chinese appliance makers Joyoung and Bear Electric Appliance rose in Shenzhen after the announcement. Joyoung reached the daily 10% limit, while Bear gained as much as 9.5%. The tariff measures cover only part of trade between the two economies, which totalled US$415 billion last year.
The United States and China extended their trade truce through January and are working on a broader agreement, which their leaders are expected to discuss at two more meetings this year. Export controls and Taiwan remain unresolved, leaving non-sensitive goods as one area where the governments may still reach deals. A bilateral agricultural working group is due to hold its first meeting by the end of 2026.