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China, US discuss tariffs in first meeting of trade council

Beijing and Washington weigh a ‘30 billion for 30 billion’ reciprocal duty-cut framework as a new intergovernmental forum opens.

China, US discuss tariffs in first meeting of trade council
President of China Xi Jinping sits with U.S. President Donald Trump in the Oval Office at the White House on September 24, 2026 in Washington, DC. Trump and Xi discussed trade practices and AI. Images: Getty Images
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