U.S., China agree on ‘more favorable tariff treatment’ for $30B in goods

By Larry Adams
The Woodworking Network
September 28, 2026
Category: Business & Politics
Region: United States, International

The US and China reached new trade and investment arrangements during President Xi Jinping’s September 2026 state visit to Washington, including the relaxation of tariffs affecting lumber and other wood products exported from the US to China. …According to a September 25, 2026 White House fact sheet, the US-China Board of Trade reached consensus on recommendations for more favorable tariff treatment covering $30 billion of non-sensitive goods in each direction.  On September 27, the White House released additional details on the U.S.-China Board of Trade, including its working procedures, the terms of reference for the 30-FOR-30 framework, and the 30-FOR-30 lists of products recommended for reduced tariff treatment. The two sides agreed that the initial focus of the Board of Trade is to be on a dialogue to consider lists of mutually agreed-upon imported goods totaling roughly $30 billion on each side.

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