Economic Times5/14/2026Business1 min readIndia
US and China to Establish Managed Trade System for Non-Sensitive Items
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The US and China are set to create a managed trade system, reducing tariffs on ~$30B of non-sensitive goods, aiming to enhance trade without jeopardizing national security.
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The United States and China are poised to create a managed trade system for non-sensitive items. This initiative could see tariffs reduced on approximately thirty billion dollars worth of goods. The plan aims to boost trade without compromising national security. Prominent US business leaders are accompanying President Donald Trump to China for this significant summit.
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This article was originally published by Economic Times.
