China is set to cut tariffs on a broad range of US agricultural goods, from corn and wheat to meat and dairy, according to Reuters, in a text republished by The Hindu — but soybeans, the top import item, were excluded from the list and still face an additional tariff of 10%.

Both sides agreed to form a trade council to discuss a reciprocal tariff cut on $30 billion worth of products, still according to Reuters, in a text republished by The Hindu.