SCMP Economy5/16/2026Business1 min readChina
China and US reach agreement on aeroplanes, jet engines, components, and tariffs
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- China's Ministry of Commerce announced an agreement with the US on purchasing aeroplanes, jet engines, and components.
- Both sides also agreed to reduce tariffs on certain goods, including agricultural products, and China will address concerns regarding US beef imports.
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China’s Ministry of Commerce said on Saturday that it had reached an agreement with the United States over the purchase of aeroplanes, jet engines and components.
Beijing did not confirm the deal until Saturday and its statement did not mention the amount.
However, Trump had said the deal could involve up to 750 planes.
Beijing added that both sides had also agreed to reduce tariffs on certain goods, including agricultural products.
It also said China would act to address concerns about imports of US beef to China.
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This article was originally published by SCMP Economy.
