U.S.-China Trade Delegations Agree on $30 Billion Tariff Reduction Framework on May 28

GateNews
According to China's Commerce Ministry spokesperson He Yadong, on May 28, the U.S.-China trade delegations reached progress on tariff negotiations and agreed to establish a framework for reciprocal tariff reductions under a bilateral trade council. Each side committed to cutting tariffs on products worth $30 billion or more. The two countries' economic teams will maintain close communication to finalize specific arrangements and accelerate implementation, said He during a regular Commerce Ministry briefing (Xinhua).
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