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Trump and Xi may cut tariffs on 30 billion in imports under managed trade push

International
Published on 13 May 2026
Trump and Xi may cut tariffs on 30 billion in imports under managed trade push

Managed trade plan targets everyday goods next

US and China are reportedly considering a managed trade framework that could reduce tariffs on about $30 billion of imports. The move aims to boost trade activity and smooth commerce while still addressing national security concerns. Negotiations focus on everyday products, suggesting a practical shift rather than a purely symbolic trade gesture.

  • US and China discuss managed trade with tariff cuts
  • Potential reduction could cover $30 billion in imports
  • Focus appears to be everyday goods and supply chains
  • National security remains a key constraint
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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