USA-China: common tariff simplification programme "30 billion for 30 billion"

Information Agency: The 8th circular of economical and trade talks, held at the end of September 2026, between the United States of America and the People's Republic of China, conducted in fresh York and Washington. As a result, an agreement was reached on the working regulations of the China-US Trade Council, the content of a paper setting out the scope of obligations under the common tariff simplification "30 billion for 30 billion" and the list of products covered by the tariff reduction.

The United States of America and the People's Republic of China have reached agreement on a framework for the reciprocal simplification of duties of value in the discussions of the Trade Council $30 billion. The Parties agreed to establish a Trade Council Agricultural Working Groupto discuss regulatory and marketplace access issues.

Progress in negations on US-Chinese customs

The United States of America and the People's Republic of China agreed that for imported products worth around USD 30 billion (based on the value of bilateral trade in 2024) they would guarantee a reciprocal tariff reduction. In more than 90% of products will be covered by the highest preference clause.

Reduction of duties in US-China trade

The United States of America will reduce customs duties on goods imported from the People's Republic of China with a value of around USD 30 billion, including toys, household articles (AGDs), baby articles, kitchen and bathroom articles and Christmas gifts. The People's Republic of China will reduce customs duties on goods imported from the United States of America worth around USD 30 billion, including agricultural products, individual hygiene products, medical equipment and coal. The parties agreed that they would jointly print their lists of products subject to work reduction.

Donald Trump and Xi Jinping – 4 summit meetings

Despite the rivalry between the Americans and the Chinese, the diplomatic crisis management and high-level talks are progressing. In 2026 2 meetings had already taken place Donald Trump – president of the United States of America of Xi Jinping president of the People's Republic of China. In 2026 both leaders are to meet twice more on APEC Summit (acronim from the English name Asia-Pacific economical Co-operation, South Asian Pacific economical Community), in Shenzhen on 18-19 November 2026 year and during G20 Summit (the most crucial global forum for economical and financial cooperation involving representatives of the world's largest economies and 2 regional organisations: European Union and African Union) which will take place days 14-15 December 2026 of the year, at Trump National Doral Miami, Miami, Florida, United States of America.

Julius Bolek American-Chinese cooperation has unlimited possibilities

"The relations between the United States of America and the People's Republic of China are characterised by a systemic rivalry for global dominance, covering economy, technology and security, but this is not due to hostility between states." – Assesses Juliusz Bolek – a political scientist and president of the Board of Directors of the Business Institute. “The rationalisation results from the possible of the United States of America and the People’s Republic of China. There is simply a fierce conflict for access to advanced technologies, especially semiconductors and chips. The United States of America is limiting the transfer of modern technologies to your centre, although my opinion is the technologically popular Chinese Republic, at least in any areas it has distanced Americans. 2026 in American-Chinese relations indicates that both countries are seeking ground for agreement. Chinese-American cooperation at global level has unlimited opportunities, I hope for the benefit of the world." – Comments Juliusz Bolek – political scientist and president of the Board of Directors of the Business Institute.

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AI World ♪ I've got to go ♪ USA ♪ I've got to go ♪ China Friday, October 2, 2026,