On September 27, 2026, The United States and China reached an understanding on the “30-for-30” framework to be operationalized by the U.S.-China Board of Trade.
Previously, the United States and China agreed to establish a government-to-government “U.S.-China Board of Trade.” The two sides also agreed that the initial focus of the Board of Trade is to be on a dialogue to consider lists of mutually agreed upon imported goods totaling roughly $30 billion on each side, with a view toward providing reduced tariff treatment to those goods in a reciprocal manner. The two sides further agreed to work expeditiously to identify certain goods for inclusion in the “30-for-30” framework.
The Deputies to the U.S. and Chinese Principals have taken the lead in developing proposed lists of products for inclusion in the “30-for-30” framework for consideration by the Principals, with support from staff. The Principals have approved two comparably valued lists of products, including a list of U.S. products for import into China and a list of Chinese products for import into the United States. The values attributable to the products on the two lists were determined by reference to annual bilateral trade values for calendar year 2024. Future tariff reductions involving the products on the two approved lists will be determined and implemented in accordance with each side’s domestic legal processes.
Articles Proposed for Reduction of American Import Tariff when Imported from China HTS English Description 6301.10.00 Electric blankets 6301.20.00 Blankets (other than electric blankets) and traveling rugs, of wool or fine animal hair 6302.29.00 Bed linen, not knitted or crocheted, printed, of textile materials nesoi 6302.39.00 Bed linen, not knitted or crocheted, not printed, of textile materials NESOI 6302.40.20 Table linen, knitted or crocheted, nesoi 6302.59.10 Tablecloths and napkins of flax, not knitted or crocheted 6302.59.20 Table linen of flax, other than tablecloths and napkins, not knitted or crocheted 6302.59.30 Table linen, of textile materials other than of cotton, flax or man-made fibers, not knitted or crocheted 6302.99.10 Toilet and kitchen linen of textile materials nesoi, containing 85% or more by weight of silk or silk waste 6302.99.15 Toilet and kitchen linen of flax 6302.99.20 Toilet and kitchen linen of textile materials nesoi, containing less than 85% by weight of silk or silk waste 6303.19.21 Curtains (including drapes),interior blinds and valances of textile materials other than of cotton or synthetic fibers, knitted or crocheted 6304.99.10 Wall hangings, not knitted or crocheted, of wool or fine animal hair, the foregoing certified hand-loomed and folklore products 6304.99.15 Wall hangings, not knitted or crocheted, of wool or fine animal hair, NESOI 6304.99.25 Wall hangings of jute, excluding those of heading 9404 6304.99.35 Furnishing articles (excl. those of heading 9404 and other than bedspreads and jute wall hangings) of veg. fibers (excl. cotton), not k/c 6304.99.40 Certified hand-loomed and folklore pillow covers of wool or fine animal hair, not knitted or crocheted 6601.10.00 Garden or similar umbrellas
No comments:
Post a Comment