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US and China unveil $60 billion tariff-cut lists after Trump-Xi summit

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Summary

Following last week's meeting between President Trump and Chinese President Xi Jinping in Washington, the US and China each released lists of about $30 billion worth of products that will receive lower tariffs under a new "30-by-30" framework. Goods include toys, coal, fireworks and kitchenware. China's list of US farm goods excludes soybeans, according to Reuters.

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