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Tariff Cuts

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US, China exchange tariff-cut lists covering about $30 billion in goods each

The U.S. and China published reciprocal lists of products worth roughly $30 billion each that will receive tariff reductions, following a meeting between President Trump and President Xi Jinping in Washington. The items include nonsensitive goods such as fireworks and wooden Christmas ornaments. China's commerce ministry said the move would strengthen bilateral trade cooperation.