US and China list $30bn worth of goods for tariff cuts, what it could mean for Europe

The United States and China have outlined a list of goods that could benefit from tariff reductions following their trade deal at the recent summit. China's list includes 1,619 categories of American products, whereas the US list comprises 77 categories of Chinese goods. The White House stated that both sides aim to provide reduced tariff treatment to these goods reciprocally.

The US-China Board of Trade, established during Trump's visit to Beijing in May, drafted the lists to manage trade in goods that both countries consider non-sensitive. US Trade Representative Jamie Bittner revealed that $30 billion (€26.3 billion) of trade in non-sensitive goods on each side could potentially gain from more favorable tariff treatment in the future.

European exporters may face challenges due to the tariff cuts, particularly in the pork, dairy, and wine sectors. The EU exported approximately 1.07 million tonnes of pork to China in 2025, representing about a quarter of its exports outside the bloc. EU pork has been subjected to anti-dumping duties ranging from 4.9% to 19.8% since December, potentially putting European producers at a disadvantage.

Dairy products have also faced anti-subsidy duties of 7.4% to 11.7% on some EU cheese and cream since February. Additionally, cheaper Chinese household goods, toys, and sports equipment in the US might hinder European manufacturers in competing for these markets.