{"id":2141,"date":"2026-09-27T07:12:15","date_gmt":"2026-09-27T07:12:15","guid":{"rendered":"https:\/\/hscodematch.com\/news\/china-and-us-agree-favourable-tariff-treatment-for-30bn-of-non\/"},"modified":"2026-09-30T07:43:50","modified_gmt":"2026-09-30T07:43:50","slug":"china-and-us-agree-favourable-tariff-treatment-for-30bn-of-non","status":"publish","type":"post","link":"https:\/\/hscodematch.com\/news\/china-and-us-agree-favourable-tariff-treatment-for-30bn-of-non\/","title":{"rendered":"China and US Agree Tariff Cuts on $30 Billion of Goods Each"},"content":{"rendered":"\n<p class=\"wp-block-paragraph hsn-lede\">China agreed with the United States on a reciprocal tariff-reduction arrangement covering $30 billion worth of non-sensitive goods in each direction, announced on September 26, 2026.<\/p>\n<p class=\"wp-block-paragraph\">China&#8217;s Ministry of Commerce said on Sept. 28, 2026, that China and the United States have agreed to cut tariffs on about $30 billion of each other&#8217;s goods, with the cuts to start once both sides finish their own legal steps.<\/p>\n<p class=\"wp-block-paragraph\">The deal came out of the eighth round of trade talks, held in New York and Washington from Sept. 20 to 23<sup class=\"hsn-cite\"><a href=\"#hsn-ref-1\" id=\"hsn-cite-1\">1<\/a><\/sup>. The ministry published the agreed lists of goods alongside its statement.<\/p>\n<p class=\"wp-block-paragraph\">In short, each country will lower import taxes on a set list of goods from the other. For most goods on the lists, the extra tariffs each side added on the other will go away, but not on a fixed date yet.<\/p>\n<h2 class=\"wp-block-heading\">Which goods get lower tariffs in China?<\/h2>\n<p class=\"wp-block-paragraph\">China will cut tariffs on <strong>about $30 billion of goods<\/strong> it buys from the United States<sup class=\"hsn-cite\"><a href=\"#hsn-ref-1\">1<\/a><\/sup>. The ministry names four main groups:<\/p>\n<ul>\n<li>farm products<\/li>\n<li>personal care products<\/li>\n<li>medical devices<\/li>\n<li>coal<\/li>\n<\/ul>\n<figure class=\"hsn-fig hsn-fig--solid hsn-fig--v4\" data-at=\"which-goods-get-lower-tariffs-in-china\">\n  <div class=\"hsn-fig__table\">\n    <h4>The two tariff-cut lists<\/h4>\n    <div class=\"pcrstb-wrap\"><table>\n      <thead>\n        <tr><th>Question<\/th><th>China cuts on US goods<\/th><th>US cuts on Chinese goods<\/th><\/tr>\n      <\/thead>\n      <tbody>\n        <tr><th>Trade covered<\/th><td>About $30 billion<\/td><td>About $30 billion<\/td><\/tr>\n        <tr><th>Main goods<\/th><td>Farm products, personal care, medical devices, coal<\/td><td>Toys, appliances, baby products, gifts<\/td><\/tr>\n        <tr><th>Start date<\/th><td>After domestic legal steps<\/td><td>After domestic legal steps<\/td><\/tr>\n      <\/tbody>\n    <\/table><\/div>\n  <\/div>\n<\/figure>\n<p class=\"wp-block-paragraph\">The published product list gives the full detail. The ministry&#8217;s statement names only these broad groups, so a shipment&#8217;s exact product must appear on <strong>China&#8217;s import product list<\/strong> to qualify.<\/p>\n<p class=\"wp-block-paragraph\">The ministry said the cuts will help meet demand in China&#8217;s home market<sup class=\"hsn-cite\"><a href=\"#hsn-ref-2\" id=\"hsn-cite-2\">2<\/a><\/sup>. It also expects more trade in farm goods, energy, factory goods and consumer goods.<\/p>\n<h2 class=\"wp-block-heading\">Which Chinese goods get lower US tariffs?<\/h2>\n<p class=\"wp-block-paragraph\">The United States will cut tariffs on about $30 billion of goods it buys from China<sup class=\"hsn-cite\"><a href=\"#hsn-ref-1\">1<\/a><\/sup>. The goods named are toys, household appliances, baby products, kitchen and bathroom products, and holiday gifts.<\/p>\n<p class=\"wp-block-paragraph\">These are everyday consumer goods. Chinese makers and sellers of these goods to the US market stand to pay less at the US border once the cuts start.<\/p>\n<p class=\"wp-block-paragraph\">The ministry said the deal will create better conditions for Chinese exports to the United States<sup class=\"hsn-cite\"><a href=\"#hsn-ref-2\">2<\/a><\/sup>. The two sides agreed to publish their lists together.<\/p>\n<h2 class=\"wp-block-heading\">How big are the tariff cuts?<\/h2>\n<p class=\"wp-block-paragraph\">The $30 billion figure on each side is based on trade between the two countries in 2024<sup class=\"hsn-cite\"><a href=\"#hsn-ref-1\">1<\/a><\/sup>. It measures how much trade the lists cover, not how much tax is saved.<\/p>\n<figure class=\"hsn-fig hsn-fig--solid hsn-fig--v4 hsn-fig--side\" data-at=\"how-big-are-the-tariff-cuts\">\n    <div class=\"hsn-fig__pie\">\n    <h4>Listed goods where all extra tariffs go, %<\/h4>\n    <svg viewBox=\"0 0 100 100\" role=\"img\" aria-hidden=\"true\">\n      <path class=\"hsn-fig__slice\" data-series=\"1\" d=\"M 50.00 0.00 A 50 50 0 1 1 20.61 9.55 L 33.54 27.35 A 28 28 0 1 0 50.00 22.00 Z\"><\/path>\n      <path class=\"hsn-fig__slice\" data-series=\"2\" d=\"M 20.61 9.55 A 50 50 0 0 1 50.00 0.00 L 50.00 22.00 A 28 28 0 0 0 33.54 27.35 Z\"><\/path>\n    <\/svg>\n    <div class=\"hsn-fig__key\">\n      <span class=\"hsn-fig__keyitem\" data-series=\"1\">Extra tariffs removed Over 90%<\/span>\n      <span class=\"hsn-fig__keyitem\" data-series=\"2\">Everything else 10%<\/span>\n    <\/div>\n  <\/div><\/figure>\n<p class=\"wp-block-paragraph\">For <strong>more than 90% of the listed goods<\/strong>, all the extra tariffs each side added on the other will be removed<sup class=\"hsn-cite\"><a href=\"#hsn-ref-2\">2<\/a><\/sup>. These goods will then pay only the most-favoured-nation rate. That is the normal tariff a country charges goods from most of its trading partners.<\/p>\n<p class=\"wp-block-paragraph\">For the remaining goods, under 10% of the lists, tariffs will be lowered but not fully cut back to the normal rate. The ministry&#8217;s statement does not give the new rates for these goods.<\/p>\n<p class=\"wp-block-paragraph\">The ministry calls the arrangement reciprocal. This means each side gives the same size of tariff cut, in value, to the other<sup class=\"hsn-cite\"><a href=\"#hsn-ref-1\">1<\/a><\/sup>.<\/p>\n<h2 class=\"wp-block-heading\">When will the lower tariffs start?<\/h2>\n<p class=\"wp-block-paragraph\">No start date has been set. Both countries will cut tariffs <strong>at the same time<\/strong>, after each completes its own domestic legal procedures<sup class=\"hsn-cite\"><a href=\"#hsn-ref-1\">1<\/a><\/sup>.<\/p>\n<p class=\"wp-block-paragraph\">The cuts must also follow each country&#8217;s own laws and procedures<sup class=\"hsn-cite\"><a href=\"#hsn-ref-2\">2<\/a><\/sup>. Until then, shipments of listed goods still pay the tariffs in force today.<\/p>\n<p class=\"wp-block-paragraph\">The ministry made its statement on Sept. 28, 2026. That date marks the deal, not the day tariffs fall at the border.<\/p>\n<p class=\"wp-block-paragraph\">A China News Service article on the ministry&#8217;s trade remedy website said the deal will benefit people and companies in both countries once it takes effect<sup class=\"hsn-cite\"><a href=\"#hsn-ref-3\" id=\"hsn-cite-3\">3<\/a><\/sup>. It also noted that turning agreed ideas into action remains the main task.<\/p>\n<h2 class=\"wp-block-heading\">What is the new China-US trade council?<\/h2>\n<p class=\"wp-block-paragraph\">In May 2026, the leaders of the two countries met in Beijing. They agreed to set up a government-to-government trade council<sup class=\"hsn-cite\"><a href=\"#hsn-ref-1\">1<\/a><\/sup>.<\/p>\n<figure class=\"hsn-fig hsn-fig--solid hsn-fig--v4\" data-at=\"what-is-the-new-china-us-trade-council\">\n  <div class=\"hsn-fig__axis\">\n    <h4>From Beijing meeting to tariff deal<\/h4>\n    <div class=\"hsn-fig__ev\">\n      <span class=\"hsn-fig__evdate\">May 2026<\/span>\n      <span class=\"hsn-fig__evlab\">Leaders agree trade council<\/span>\n      <span class=\"hsn-fig__evsub\">Meeting in Beijing<\/span>\n    <\/div>\n    <div class=\"hsn-fig__ev\">\n      <span class=\"hsn-fig__evdate\">Sept. 20\u201323, 2026<\/span>\n      <span class=\"hsn-fig__evlab\">Eighth round of talks<\/span>\n      <span class=\"hsn-fig__evsub\">New York and Washington<\/span>\n    <\/div>\n    <div class=\"hsn-fig__ev\">\n      <span class=\"hsn-fig__evdate\">Sept. 28, 2026<\/span>\n      <span class=\"hsn-fig__evlab\">Ministry announces $30 billion deal<\/span>\n    <\/div>\n    <div class=\"hsn-fig__ev\">\n      <span class=\"hsn-fig__evdate\">Jan. 10, 2027<\/span>\n      <span class=\"hsn-fig__evlab\">Kuala Lumpur arrangement extended to<\/span>\n      <span class=\"hsn-fig__evsub\"><\/span>\n    <\/div>\n  <\/div>\n<\/figure>\n<p class=\"wp-block-paragraph\">At the September talks, the two sides agreed the council&#8217;s working rules. The council&#8217;s job is to improve two-way trade. It will discuss trade arrangements and problems that affect trade<sup class=\"hsn-cite\"><a href=\"#hsn-ref-2\">2<\/a><\/sup>.<\/p>\n<p class=\"wp-block-paragraph\">The $30 billion tariff deal sits under this council. The ministry published four documents with its statement:<\/p>\n<ul>\n<li>the trade council&#8217;s working rules<\/li>\n<li>a paper on the duties under the $30 billion arrangement<\/li>\n<li>China&#8217;s list of US goods for lower tariffs<\/li>\n<li>the US list of Chinese goods for lower tariffs<\/li>\n<\/ul>\n<p class=\"wp-block-paragraph\">The two product lists are the documents that decide whether a given shipment qualifies. The ministry also hopes the council will grow cooperation and shrink the list of problems between the two sides<sup class=\"hsn-cite\"><a href=\"#hsn-ref-1\">1<\/a><\/sup>.<\/p>\n<h2 class=\"wp-block-heading\">What will the China-US farm working group do?<\/h2>\n<p class=\"wp-block-paragraph\">The two sides agreed to set up a farm working group under the trade council<sup class=\"hsn-cite\"><a href=\"#hsn-ref-1\">1<\/a><\/sup>. It will discuss rules, market access and trade concerns in agriculture.<\/p>\n<p class=\"wp-block-paragraph\">Market access here means the conditions a country sets before foreign goods may be sold there. China said it will use the group to push the United States to address China&#8217;s concerns about farm trade<sup class=\"hsn-cite\"><a href=\"#hsn-ref-2\">2<\/a><\/sup>.<\/p>\n<p class=\"wp-block-paragraph\">The China News Service article adds that the talks also set up a separate investment council. The two sides also held their first talks on artificial intelligence<sup class=\"hsn-cite\"><a href=\"#hsn-ref-3\">3<\/a><\/sup>. It said the two sides agreed to extend the Kuala Lumpur trade arrangement to <strong>Jan. 10, 2027<\/strong>, while they keep talking about it<sup class=\"hsn-cite\"><a href=\"#hsn-ref-3\">3<\/a><\/sup>.<\/p>\n<p class=\"wp-block-paragraph\">The farm working group plans to hold its <strong>first meeting before the end of 2026<\/strong><sup class=\"hsn-cite\"><a href=\"#hsn-ref-1\">1<\/a><\/sup>.<\/p>\n<h2 class=\"wp-block-heading hsn-refs-title\">Sources<\/h2>\n<ol class=\"hsn-refs\">\n<li id=\"hsn-ref-1\"><a class=\"hsn-refs__back\" href=\"#hsn-cite-1\" aria-label=\"Back to reference 1 in the text\">\u21a9<\/a> <a href=\"http:\/\/www.mofcom.gov.cn\/syxwfb\/art\/2026\/art_010a3b55dd3544e09ba897c6f56c737f.html\" rel=\"noopener\" target=\"_blank\">\u5546\u52a1\u90e8\u516c\u5e03\u4e2d\u7f8e\u8d38\u6613\u7406\u4e8b\u4f1a\u548c\u201c300\u4ebf\u5bf9300\u4ebf\u201d\u5bf9\u7b49\u964d\u7a0e\u6846\u67b6\u6709\u5173 &#8230;. \u2014 2026 \/ art 010a3b55dd3544e09ba897c6f56c737f<\/a> <span class=\"hsn-refs__url\">http:\/\/www.mofcom.gov.cn\/syxwfb\/art\/2026\/art_010a3b55dd3544e09ba897c6f56c737f.html<\/span><\/li>\n<li id=\"hsn-ref-2\"><a class=\"hsn-refs__back\" href=\"#hsn-cite-2\" aria-label=\"Back to reference 2 in the text\">\u21a9<\/a> <a href=\"https:\/\/www.mofcom.gov.cn\/xwfb\/rcxwfb\/art\/2026\/art_7f879be341ec4137a22f6d0360a5a291.html\" rel=\"noopener\" target=\"_blank\">\u5546\u52a1\u90e8\u516c\u5e03\u4e2d\u7f8e\u8d38\u6613\u7406\u4e8b\u4f1a\u548c\u201c300\u4ebf\u5bf9300\u4ebf\u201d\u5bf9\u7b49\u964d\u7a0e\u6846\u67b6\u6709\u5173 &#8230;. \u2014 2026 \/ art 7f879be341ec4137a22f6d0360a5a291<\/a> <span class=\"hsn-refs__url\">https:\/\/www.mofcom.gov.cn\/xwfb\/rcxwfb\/art\/2026\/art_7f879be341ec4137a22f6d0360a5a291.html<\/span><\/li>\n<li id=\"hsn-ref-3\"><a class=\"hsn-refs__back\" href=\"#hsn-cite-3\" aria-label=\"Back to reference 3 in the text\">\u21a9<\/a> <a href=\"https:\/\/cacs.mofcom.gov.cn\/article\/gnwjmdt\/sb\/zm\/202609\/189355.html\" rel=\"noopener\" target=\"_blank\">(Economic Observer) Three keywords provide insight into the new trends in Sino-US economic and trade.<\/a> <span class=\"hsn-refs__url\">https:\/\/cacs.mofcom.gov.cn\/article\/gnwjmdt\/sb\/zm\/202609\/189355.html<\/span><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>China agreed with the United States on a reciprocal tariff-reduction arrangement covering $30 billion worth of non-sensitive goods in each direction,\u2026<\/p>\n","protected":false},"author":1,"featured_media":2139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_regnews_id":"35571","_hsn_citations":"[{\"n\":1,\"url\":\"http:\/\/www.mofcom.gov.cn\/syxwfb\/art\/2026\/art_010a3b55dd3544e09ba897c6f56c737f.html\",\"label\":\"\u5546\u52a1\u90e8\u516c\u5e03\u4e2d\u7f8e\u8d38\u6613\u7406\u4e8b\u4f1a\u548c\u201c300\u4ebf\u5bf9300\u4ebf\u201d\u5bf9\u7b49\u964d\u7a0e\u6846\u67b6\u6709\u5173 .... \u2014 2026 \/ art 010a3b55dd3544e09ba897c6f56c737f\"},{\"n\":2,\"url\":\"https:\/\/www.mofcom.gov.cn\/xwfb\/rcxwfb\/art\/2026\/art_7f879be341ec4137a22f6d0360a5a291.html\",\"label\":\"\u5546\u52a1\u90e8\u516c\u5e03\u4e2d\u7f8e\u8d38\u6613\u7406\u4e8b\u4f1a\u548c\u201c300\u4ebf\u5bf9300\u4ebf\u201d\u5bf9\u7b49\u964d\u7a0e\u6846\u67b6\u6709\u5173 .... \u2014 2026 \/ art 7f879be341ec4137a22f6d0360a5a291\"},{\"n\":3,\"url\":\"https:\/\/cacs.mofcom.gov.cn\/article\/gnwjmdt\/sb\/zm\/202609\/189355.html\",\"label\":\"(Economic Observer) Three keywords provide insight into the new trends in Sino-US economic and trade.\"}]","_hsn_no_sources":"","_hsn_content_hash":"88bb990815027fd66872d1ba83cf6702439ef09d:138964a203a30ab4f4c626f1dfaf944fd1ce01a8","_yoast_wpseo_focuskw":"non-sensitive goods","footnotes":""},"categories":[147,71],"tags":[67],"class_list":["post-2141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia","category-trade-agreements-tariffs","tag-china"],"_links":{"self":[{"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/posts\/2141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/comments?post=2141"}],"version-history":[{"count":5,"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/posts\/2141\/revisions"}],"predecessor-version":[{"id":2386,"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/posts\/2141\/revisions\/2386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/media\/2139"}],"wp:attachment":[{"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/media?parent=2141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/categories?post=2141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hscodematch.com\/news\/wp-json\/wp\/v2\/tags?post=2141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}