US and China Agree to Cut Tariffs on $30B in Goods, Excluding Strategic Items

The US and China have published reciprocal lists of products for tariff reductions covering $30 billion in bilateral trade, marking a de-escalation in trade tensions. The exclusion of strategic goods suggests a limited, calibrated move rather than a comprehensive truce. This could signal a shift toward pragmatic economic engagement, but the scope and implementation details remain uncertain.