Trump, Xi eye tariff cuts on $30bn tradePublished on: May 13, 2026 10:00 PM
Pakistan, May 13 -- US President Donald Trump and Chinese President Xi Jinping are expected to discuss a limited tariff reduction framework covering around 30 billion dollars in bilateral trade. The proposal aims to ease trade barriers on non-sensitive goods while maintaining restrictions on sectors linked to national security. The talks are part of a broader effort to stabilise economic relations between the two countries.
According to officials, the proposed "managed trade" mechanism would allow both sides to identify specific goods for tariff reductions. The arrangement is designed to avoid structural changes in either country's economic system while still expanding selected trade flows. The focus would remain on measurable trade targ...
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