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International Business Times
International Business Times
Business

U.S., China Name $60 Billion In Goods For Tariff Relief. Toys And Farm Products Make The Cut.

Monday's disclosure identifies which products can qualify for more favorable treatment rather than immediately changing the tariffs charged at the border. (Credit: AFP)

The United States and China have identified roughly $60 billion in two-way trade for potentially lower tariffs, with toys, household goods and Christmas decorations among the Chinese products on Washington's list and a wide range of American agricultural products among those selected by Beijing.

Under the new White House "30-for-30" framework, each country approved a product list representing roughly $30 billion in annual trade. The values were calculated using bilateral trade figures from 2024, according to the framework's official terms of reference. The document makes clear that the tariff reductions themselves will be determined and implemented through each country's domestic legal procedures.

That means Monday's disclosure identifies which products can qualify for more favorable treatment rather than immediately changing the tariffs charged at the border.

The White House list for Chinese products entering the United States contains 77 entries. They include fireworks, plastic tableware, blankets, bed linen, curtains, artificial flowers, household scales, shavers, flashlights, microwave ovens, coffee makers, toasters and Christmas-tree lights.

A substantial portion of the list is made up of consumer and recreational goods. Certain highchairs and child safety seats qualify, along with sleeping bags, pillows, playing cards, billiards equipment, tennis balls, soccer balls, baseballs, fishing equipment and some artists' brushes.

Toys are also included, although the official list excludes toys equipped with radio-frequency, Wi-Fi, Ethernet or Bluetooth connectivity.

China's list is considerably longer, encompassing 1,619 tariff lines for goods imported from the United States. It opens with livestock including horses, cattle, pigs, sheep, goats and poultry and extends through meat, seafood and other agricultural products. The official list includes beef and pork products, frozen chicken, chicken feet, rabbit meat and numerous types of fish and seafood.

The broader agreement announced after President Donald Trump and Chinese President Xi Jinping met in Washington last week also covers U.S. exports including agricultural goods, fish and seafood, logs and wood products, cosmetics and medical devices, according to a White House fact sheet.

U.S. Trade Representative Jamieson Greer said the products selected under the framework account for about 30% of U.S. exports to China. The U.S. Trade Representative's office described the products as non-sensitive goods recommended by the newly established U.S.-China Board of Trade for possible more favorable tariff treatment.

The Board of Trade will be overseen on the U.S. side by Treasury Secretary Scott Bessent and Greer and on the Chinese side by Vice Premier He Lifeng. Deputies from both countries are required to meet at least quarterly, while the principals will meet when needed to consider proposals, according to the board's official working procedures.

The framework follows a sharp contraction in bilateral goods trade last year. U.S. goods exports to China totaled about $106 billion in 2025, while imports were approximately $309 billion, leaving the United States with a goods trade deficit of roughly $203 billion, according to USTR data.

The two governments have not yet published the final reduced tariff rates or an effective date. Their agreement says future reductions covering the approved products will be implemented through their respective legal processes. Officials can also review the product lists and propose adjustments, although the framework says changes are not expected more frequently than once a year.

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