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China and US reach tariff consensus on $30 billion in non-sensitive goods, White House says

The two countries continue working on US concerns over supply-chain shortages tied to rare earths and other critical minerals.

By EGazette AI · · 1 min read · language: en

Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.

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— Anadolu Agency (Turkey)

China and the United States have reached a consensus on tariffs covering roughly $30 billion worth of non-sensitive goods, the White House said in a statement.

The two sides said they would continue working on US concerns regarding supply-chain shortages related to rare earths and other critical minerals, according to the statement.

The statement did not specify which categories of goods are covered by the agreement or provide a timeline for when any changes would take effect.

The development comes amid an extended period of trade negotiations between Washington and Beijing over tariffs and access to critical minerals used in manufacturing and technology.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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