Sunday, Sep 27, 2026
1 NEWUS and China Cut Reciprocal Tariffs on $30B of Goods 🌐 Geopolitics Sep 27, 6:15 PM EDT 31/5
Xi Jinping’s three day state visit concluded with an eight point consensus that extends the current trade truce by two months. Statements released September 26 detailed a deal to reduce tariffs on $30 billion of non sensitive goods in each direction. US exports covered by the arrangement include seafood, agricultural products, medical devices, wood, and cosmetics, while imports from China include toys, holiday decorations, and small appliances.
As part of the agreement, China committed to importing at least 10 million metric tons of US coal during 2027 and 2028. The US and China also established a communication channel to manage "super intelligence" AI incidents and scheduled formal dialogue on technology risks for November. The two nations will form bilateral trade and investment councils to manage economic engagement despite strategic rivalry.