World’s biggest economies release lists of products in latest move away from trade war – but no strategic goods are included
The US and China have released reciprocal lists of goods worth about $30bn each on which they plan to cut tariffs, ranging from consumer electronics and agricultural products to artificial flowers and live dolphins.
The announcements are the latest tack away from the intense trade war between the world’s two largest economies that dominated much of last year, though major strategic products are not included and no timeline has yet been given for the reductions.
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Foie gras, live dolphins and toasters: China and US cut reciprocal tariffs on $30bn each of goods
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