Chinese, US regimes agree to mutually/partially undo recent tax hikes on their own serfs

Source: NBC News

“China and the United States have agreed to cut tariffs imposed on [buyers of] $60 billion worth of goods imported from each other, on an array of products ranging from U.S. corn to cosmetics, and from Chinese household appliances to toys. Under the U.S.-China Board of Trade, both countries have each recommended $30 billion of trade in non-sensitive goods for more favourable tariff treatment, United States Trade Representative Jamieson Greer said in a statement on Sunday. … The reciprocal tariff reduction as well as an extension of a trade truce were among the key takeaways from the second summit this year between Chinese President Xi Jinping and President Donald Trump, hosted in Washington last week.” (09/28/26)

https://www.nbcnews.com/business/consumer/china-us-tariff-cuts-60-billion-trump-xi-rcna600214