GENERAL28 Sept 2026
China and US have agreed to tariff cuts on $60 billion of goods
The US and China have agreed to cut tariffs on $60 billion of goods. Under the US-China Board of Trade, each side recommended $30 billion of trade in non-sensitive goods for better tariff treatment, the US Trade Rep said. If you import or export between these markets, watch which product lines get listed. Ask your customs broker if your goods qualify.
Key Statutory Highlights
- The US and China have agreed to tariff cuts covering $60 billion of goods.
- Under the US-China Board of Trade, each country has recommended $30 billion of trade in non-sensitive goods.
- Those non-sensitive goods would receive more favourable tariff treatment, according to the US Trade Rep.
Actionable Advice for Taxpayers / Founders:If you buy or sell goods with the US or China, check with your customs broker whether your product lines fall in the listed non-sensitive goods, and confirm landed costs before you commit to new pricing or contracts.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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