# Global Trade Council

A Fragile Thaw: Beijing and Washington Signal Landmark $30 Billion Reciprocal Tariff Rollback

China and the U.S. have agreed in principle to a reciprocal tariff reduction framework involving at least $30 billion in goods from each side. While the move signals a potential de-escalation in the trade war, Beijing continues to demand that Washington fulfill prior commitments to ensure long-term cooperation.