China and the U.S. are negotiating a framework for reciprocal tariff reductions involving $30 billion.

BlockBeats news, September 10, according to Xinhua News Agency, at the regular press conference held by China's Ministry of Commerce on the 10th, Ministry of Commerce spokesperson Huang Ling, in response to a related question, said that the China-US economic and trade teams are earnestly implementing the consensus reached by the two heads of state at their Beijing meeting and are consulting on a framework arrangement for reciprocal tariff reductions involving $30 billion, striving for early implementation.