MOFCOM BJT
Q: Last week, MOFCOM said that China and the U.S. are consulting on a USD 30 billion reciprocal tariff reduction arrangement from each side. What is the latest progress of these consultations? For example, have the two sides determined which products will be covered by the arrangement? Are there still unresolved issues? (MOFCOM Regular Press Conference September 17, 2026)
A: At present, the economic and trade teams of China and the U.S. are maintaining close communication on relevant issues, and progress will be released in due course.