According to a statement by China's Ministry of Commerce, China and the United States have agreed to reduce tariffs on certain goods in order to promote bilateral trade. — Ukrinform.

China and the United States agreed to continue implementing “all” agreements reached previously and to establish councils for trade and investment,

The US and China agreed to cut tariffs for 90 days, reducing US levies on Chinese imports from 145% to 30% and China's duties from 125% to 10%.