US, China Strike $30 Billion Trade Framework as Deficit Falls

WASHINGTON, DC – September 27, 2026 (STL.News) The United States and China have reached a major new trade framework providing more favorable tariff treatment for $30 billion of non-sensitive goods flowing in each direction, potentially covering roughly $60 billion in two-way commerce as Washington and Beijing attempt to stabilize their economic relationship while maintaining restrictions on strategically sensitive industries. The agreement emerged from Chinese President Xi Jinping’s Sept. 23-25 state visit to the United States and meetings with President Donald Trump. Both governments have confirmed the arrangement’s central elements, including the tariff framework and the formal operation of

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