Trump and Xi Weigh 30 Billion Dollar Tariff Reductions

The United States and China are expected to launch a managed trade mechanism for non-sensitive goods during this week's summit in Beijing. Both sides may reduce tariffs on 30 billion dollars worth of imports to optimize trade balance without compromising national security.

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The United States and China are negotiating a trade framework to reduce tariffs on $30 billion of non-sensitive goods. This "Board of Trade" mechanism marks a shift from demanding structural economic changes to setting numerical trading targets. The deal could stabilize trade flows in energy and agriculture as both nations work to address bilateral deficits.

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