US and China name goods for possible tariff cuts – what it means for Europe
Washington has published lists of goods the US and China could tax at lower rates under their “30-for-30” framework, covering about $30bn (€26.3bn) in annual trade each way. No rates or start date have been set, but US pork, dairy and whiskey on Beijing’s list could squeeze European exports.
The United States and China have released lists of goods that may receive reduced tariff treatment as part of a potential trade deal. China's list includes 1,619 categories of American products, primarily food and farm goods, while the US list contains 77 categories of Chinese goods, mainly consumer items. Neither side has specified the depth of the cuts or when they will apply.
The move comes as a result of a trade truce agreed in October, which was extended to January. The announcement could benefit European exporters, particularly in the pork industry, which shipped around 1.07 million tonnes of pork to China in 2025. However, EU pork currently faces anti-dumping duties of 4.9% to 19.8% imposed by China.
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