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China signals tariff cuts after Trump-Xi summit

by News Wires
May 16, 2026
in World
China signals tariff cuts after Trump-Xi summit 12 - Egyptian Gazette
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China and the United States have agreed to expand agricultural trade through tariff reductions and tackle non-tariff barriers and market ​access issues, China’s commerce ministry said on Saturday after this week’s summit in ‌Beijing, opens new tab.

The agreements are “preliminary” and will be “finalised as soon as possible,” the ministry said following U.S. President Donald Trump’s visit.

China’s farm imports from the US still face an additional 10% levy after last ​year’s rounds of tit-for-tat tariffs sharply curtailed trade, which fell 65.7% year-on-year ​to $8.4 billion in 2025, according to US Department of Agriculture data

Tags: ChinaTrump-Xi summit
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