Negotiators are working towards a mutually beneficial agreement. A significant amount of goods, valued at $30 billion from each side, is expected to be affected by the planned reductions. The goal is to implement these changes soon.

A meeting between the leaders of the two countries is scheduled to take place, which may lead to an announcement about the agreement. This meeting will be the third face-to-face discussion between the two leaders in the past year.

Further information about the negotiations and the upcoming meeting is available, but details about the outcome are not yet known.