U.S. and China reportedly release tariff-cut lists covering about $60B in trade
A post says the reciprocal lists cover about $30 billion in goods per side, including microwaves and fish hooks from China and poultry and peanuts from the U.S. It also reports that U.S. stocks fell the same day.
TLDR
A September 29 post says the U.S. and China released reciprocal lists of goods for tariff cuts after a Trump-Xi summit in Washington. It puts the total at about $60 billion in trade and says the U.S. list contains 1,600-plus items. The post reports that the S&P, Nasdaq and Dow fell that day, while oil rose more than 4% to $96 a barrel after Trump rejected Iran’s offer to reopen the Strait of Hormuz. It asks which issue—the tariff cuts or Iran—would move markets more that week.
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