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✉news ScienceSpace Policy first seen 7 h ago, last 3 h ago, peak #15

China and US agree tariff cuts on $60 billion of goods

Original: China, US agree to tariff cuts on $60 billion of goods including agriculture, household items

China and the United States have agreed to reduce tariffs on roughly $60 billion worth of goods, covering agricultural products and household items, according to Reuters. The cuts mark a further step in easing trade tensions between the world's two largest economies, with farmers and consumer goods sectors among those expected to benefit from lower barriers.

Why now: Fresh progress in the US-China trade dispute directly affects global markets, farmers and consumers.

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