US-China Discuss $30 Billion Tariff Cuts Ahead of Summit

The United States and China are discussing mutual tariff cuts on $30 billion (approximately 40 trillion won) worth of products. Chinese Commerce Ministry spokesperson Huang Ling announced during a regular briefing on April 10 that both sides' negotiation teams are working on reducing tariffs. AP reported that the two countries are focusing on non-sensitive items for equivalent tariff reductions. US President Donald Trump and Chinese President Xi Jinping are scheduled to hold a summit in the US on April 24, with reports suggesting that specific tariff reduction agreements may be announced ahead of the meeting.