China to import 10M tonnes US coal annually, cut tariffs on $30B goods

China has agreed to import at least 10 million tonnes of US coal per year for the next two years and reduce tariffs on 1,619 US products, covering $30 billion of non-sensitive goods, as part of a trade deal announced during Xi Jinping's US visit. The agreement marks a concrete step in bilateral trade normalization, though the overall summit yielded few other outcomes. The deal's implementation and broader trade relationship remain uncertain.