The United States and China have taken a new trade step that could eventually reduce tariffs on toys, small appliances, and other everyday products.
Both countries have recommended more favorable tariff treatment for approximately $30 billion in products from each side, totaling $60 billion in bilateral trade.
The agreement is part of the new US-China Board of Trade, created to manage trade in non-sensitive products between the two economies.
China's confirmation comes three days after Xi's first state visit to the United States in 11 years ended. The two governments have agreed to a future reciprocal reduction of tariffs for products from the other country valued at $30 billion (approximately… pic.twitter.com/71j0UJYjfO
— EL PAÍS América (@elpais_america) September 28, 2026
The US list includes 77 tariff categories, many related to items that families regularly buy, according to the White House.
Among the products are:
The Office of the US Trade Representative clarified that the selected products could receive more favorable tariff treatment in the future.
On the US side, China could facilitate access for agricultural products, fish and seafood, wood products, cosmetics, and medical devices.
The key question is how much of any eventual tariff reduction would ultimately be passed on to consumers in physical stores and on digital platforms.
Researchers estimated that at least 30% of the impact of tariffs imposed on Chinese products was passed on to consumers during that period.
Reducing tariffs can ease costs, but inventories, transportation, competition, and business margins also influence the final price.
Washington and Beijing still need to implement the recommendations through their respective procedures before the new tariff treatment can take effect.
US Trade Representative Jamieson Greer said the mechanism could improve access to China for approximately 30% of current US exports to that market.
The trade signal is significant, but the real test will come when the new tariff rates are established, when they take effect, and how much of any savings reaches consumers.
