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International Business Times UK
International Business Times UK
Stephanie Cruz

Trump and Xi Target $60B in Tariff Cuts as Toys, Fireworks, Meat and Coal Make the List

US President Donald Trump and Chinese President Xi Jinping (Credit: Dan Scavino/X)

The United States and China have agreed to cut tariffs on about $60B (£45B) of goods traded between them, from Chinese-made toys and fireworks to American coal and meat. It is the first concrete result of Xi Jinping's state visit to Washington last week, with each side putting forward roughly $30B (£23B) of trade for gentler treatment.

The two lists, released over the weekend by both governments, are lopsided. Washington named 77 categories of Chinese imports, among them toys, fireworks, tableware, bed linen, children's car seats, and holiday decorations. Beijing's list ran to 1,619 American products, weighted towards the farm and the mine: corn, wheat, sorghum, meat, dairy, seafood, timber, and coal.

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