16:11 - 23.07.2026

---

July 23, Fineko/abc.az. China and the U.S. have started working out the conditions for the mutual cancellation of duties on goods for approx. $30 bn. The parties are consulting with business and discussing the framework for reducing trade barriers.

According to the Chinese Ministry of Commerce, the dialogue is already underway with companies and industry structures. The negotiations are aimed at easing the restrictions that have arisen against the backdrop of US protectionist policies. Bilateral trade exceeded $289 bn for Jan-Jun and remained almost at the same level as last year.