U.S., China reach $30 billion tariff deal after Trump-Xi summit — SkimNews

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- White House announced the U.S. and China agreed to cut tariffs on $30 billion of "non-sensitive goods" as part of a trade package from this week's Trump-Xi summit.
- The deal marks a thaw in the trade war that engulfed the two countries, according to the White House framing.
Why it matters: The $30 billion tariff reduction on "non-sensitive goods" is the first concrete deliverable from this week's Trump-Xi summit, with the White House explicitly framing it as a thaw — though the source doesn't specify which goods qualify or when the cuts take effect.
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