The United States and China released product lists for planned tariff reductions covering about $30 billion of goods, adding detail to the trade arrangement reached after last week’s summit between President Xi Jinping and US President Donald Trump. China’s list covers 77 products, while the U.S. list contains 1,619, and neither side specified the size of the tariff cuts. China’s Ministry of Commerce said about 90% of products covered by the reciprocal arrangement would receive most-favored-nation tariff rates. China’s agricultural list includes corn, wheat, sorghum, vegetable oils and meals, meat and dairy products, but excludes U.S. soybeans, which will continue to face an additional 10% tariff. Chinese state-run buyers Sinograin and COFCO have purchased more than 12 million metric tons of U.S. soybeans, nearly half of the 25 million metric tons the White House says China committed to buy annually through 2028, although China has not confirmed that target. Trade in the agricultural and related products covered by China’s list totaled about $17 billion in 2024, according to Reuters calculations. The two sides also agreed to establish a trade council to discuss reciprocal tariff reductions, agriculture, market access, artificial intelligence, financial services and direct flights.