United States and China establish trade framework, identify $30 billion in goods for potential tariff reductions
“30-for-30” framework identifies goods to be considered for reciprocal reduced tariff treatment
The White House has released several documents concerning recent trade discussions between the United States and China, including working procedures for the U.S.-China Board of Trade and lists of products recommended for reduced tariff treatment.
According to the White House, President Trump and Chinese President Xi Jinping operationalized the U.S.-China Board of Trade, which was established during the May 2026 U.S.-China summit. The Board's mission is to optimize bilateral trade and provide a government-to-government mechanism for considering trade-related proposals.
Under the framework, the United States and China agreed to consider mutually agreed lists of imported goods totaling approximately $30 billion on each side (under the “30-for-30” framework), with a view toward providing reduced tariff treatment on a reciprocal basis, consistent with their respective domestic laws and processes.
The White House fact sheet identifies:
- U.S. exports to China: Products identified for potentially more favorable tariff treatment include agricultural goods, fish and seafood, logs and wood products, cosmetics, and medical devices.
- Chinese exports to the United States: Products identified for potentially more favorable tariff treatment include consumer goods such as small appliances, toys, holiday decorations, and children's car seats.
- Agriculture: The Board of Trade launched a working group focused on agricultural market access barriers.
- Coal: China will import at least 10 million metric tons of coal from the United States in 2027 and again in 2028.
- Critical minerals: The United States and China continue to address U.S. concerns about supply chain shortages involving rare earths and other critical minerals, with the goal of returning shipment levels to appropriate levels.
Documents
The White House also posted:
- Working procedures for the Board of Trade
- Terms of reference for the “30-for-30” framework
- China imports list (unofficial translation) and U.S. imports list