- The White House said the U.S. will cut tariffs on small appliances, toys, holiday decorations, and kids' car seats, while China will lower tariffs on agricultural goods, seafood, wood products, cosmetics, and medical devices.
- China committed to import 10 million metric tons of U.S. coal in 2027 and again in 2028, restoring a top-five import relationship that had been slashed in 2025 during the trade war.
- The White House fact sheet said the U.S. and China continue to work on rare earth and critical mineral supply chain shortages, with the goal of returning shipment levels to appropriate levels.
Quotes
“China would lower its tariffs on some agricultural goods and seafood, wood products, cosmetics, and medical devices.”
“The United States and China continue to work on U.S. concerns regarding supply chain shortages related to rare earths and other critical minerals, with the goal of ensuring shipment levels return to appropriate levels”