U.S., China to lower tariffs on $60 billion of goods. Here's what qualifies

* US-China to cut tariffs on $30B goods each * US imports toys, China buys more US farm goods * Tariff relief could boost holiday sales US and China plan to cut tariffs on $30 billion of each other's goods. US list targets toys, decorations; China's list covers US farm products. Timing and size of cuts remain unclear, but officials expect a trade boost. Lower duties could lift US consumption and help Chinese exporters.