US, China inch toward managed trade deal on $30 billion in non-sensitive goods at Beijing summit
- Posted on May 13, 2026
- By Business News Today
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- 1 min read
US, China inch toward managed trade deal on $30 billion in non-sensitive goods at Beijing summit
The United States and China are poised to create a managed trade system for non-sensitive items. This initiative could see tariffs reduced on approximately thirty billion dollars worth of goods. The plan aims to boost trade without compromising national security. Prominent US business leaders are accompanying President Donald Trump to China for this significant summit.
