U.S. and China Reach Deal on Some Non-Sensitive Goods, Greer Says

  • Jamieson Greer said the United States and China agreed to exempt selected goods from trade disputes.
  • The arrangement covers U.S. farm products and medical devices and Chinese non-sensitive consumer goods.
  • Scott Bessent and He Lifeng extended the trade truce until Jan. 10.

The United States and China have agreed to exempt selected goods from trade disputes and possible future tariff measures, U.S. Trade Representative Jamieson Greer said. The arrangement covers U.S. agricultural products and medical devices, as well as Chinese consumer goods and other non-sensitive items, with the Trump administration due to release more details Monday after weeks of negotiations. The talks did not cover a limited group of high-quality U.S.-made chips that require licenses, which Greer described as central to U.S. technological leadership in artificial intelligence. The announcement followed President Donald Trump's White House meeting with Chinese President Xi Jinping and an agreement between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng to extend until Jan. 10 a truce that had paused a trade war involving mutual tariffs above 100%. China is on track toward its annual commitment to buy 25 million metric tons of U.S. soybeans, with nearly 10 million tons confirmed by Sept. 10, while its $17 billion annual pledge for other U.S. farm goods remains uncertain.

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