US and China Release $60 Billion Reciprocal Tariff-Cut Lists, September 28 2026: What Procurement Teams Must Do

Two days after the Trump–Xi state visit, both governments published the first concrete product lists under the “30-for-30” Board of Trade mechanism. U.S. Trade Representative Jamieson Greer said the arrangement unlocks improved market access for roughly 30 percent of U.S. exports to China and benefits American consumers on household goods the United States largely sources from China. China’s commerce ministry described the lists as helping to stabilize bilateral trade and create favourable conditions for selected exports.

Tariff rates, effective dates and final HTS classifications remain subject to formal government action. This overview is not customs, trade or legal advice; companies should confirm any future changes with licensed customs brokers and trade counsel.

What exactly is on the lists?

The White House and Chinese Ministry of Commerce each released schedules. The U.S. side listed 77 Chinese product categories that include fireworks, tableware, blankets and bed linens, small appliances such as coffee makers and toasters, toys (dolls, puzzles), glass and wooden Christmas ornaments, soccer balls, children’s car seats and certain sports equipment. China’s reciprocal list of 1,619 U.S. items covers a broad range of agricultural goods (corn, wheat, sorghum, meat, dairy, vegetable oils and meals—but not soybeans), fish and seafood, logs and wood products, cosmetics, medical devices, hair and personal-care products, pure-breed breeding animals, and U.S. coal. Chinese statements indicated that tariff rates on more than 90 percent of the listed products would move to most-favoured-nation levels, effectively eliminating country-specific tariffs on those lines.

How does this fit the earlier Board of Trade announcement?

On September 20 the two sides announced they would operationalize the Board of Trade process first discussed in May. At that time only illustrative categories were offered. The September 28 lists convert that framework into named product sets. The overall bilateral goods trade remains far larger—hundreds of billions of dollars annually—so the $60 billion package is a targeted, non-sensitive subset rather than a comprehensive reset of the tariff regime. Average U.S. tariffs on Chinese goods are still expected to remain elevated relative to pre-2025 levels even after these reductions.

Why does the absence of soybeans matter?

Soybeans have been a politically sensitive export for years. Their exclusion from China’s list means the agricultural relief is selective. Exporters of corn, wheat, meat, dairy and seafood gain clearer visibility; soybean shippers must continue to watch separate purchase commitments announced around the summit. Procurement teams that buy finished goods containing Chinese components should still treat the overall tariff environment as fluid.

What should procurement and trade-compliance teams do now?

First, run a line-item extract of China-origin imports for the last 12–24 months and match HTS codes or product descriptions against the 77 categories. Second, do the same for U.S.-origin goods sold into China against the 1,619-item list. Third, ask customs brokers and freight partners for estimated duty impact under current versus MFN rates so finance can model cost-of-goods and landed-cost scenarios. Fourth, review supplier contracts for price-adjustment or tariff-pass-through clauses that could be triggered once formal rate changes are published. Fifth, monitor Federal Register notices and Chinese Ministry of Commerce announcements for the actual implementation dates and any phase-in rules.

What should operators watch next?

Formal proclamation or regulation of the new rates, any volume or quota limits attached to the preferential treatment, and whether the lists are expanded or revised after further Board of Trade meetings. Parallel developments—coal purchase commitments, agricultural purchase pledges, and the broader November 10 trade-truce calendar—remain relevant to overall China exposure. Teams with material dual-use or technology-product exposure should continue to treat those categories as outside the current non-sensitive framework.

Son Güncelleme / Last Updated: September 29, 2026. Related: US-China Board of Trade Operationalization · 10-Year Treasury Yield Highest Since 2007 · Procurement hub