China, US agree to $30 billion tariff cut, AI dialogue during Xi visit, Beijing says
The deal covers $30 billion in goods and creates a new channel for AI incidents and military crisis talks, officials said.
- On Friday, President Donald Trump and Chinese President Xi Jinping reached an eight-point consensus in Washington, including a $30 billion reciprocal tariff-reduction arrangement for non-sensitive goods and a new bilateral dialogue on artificial intelligence.
- This agreement builds on discussions that began at the Trump-Xi summit in Busan, South Korea, last year, where both sides described their trade talks as having reached a "basic consensus" before continuing negotiations in Beijing this May.
- The White House reported China agreed to import at least 10 million tonnes of US coal in 2027 and 2028, while both nations launched working groups targeting agricultural market access and global petroleum supply stabilization.
- Beyond trade, the eight-point consensus includes mutual support for upcoming APEC and G20 summits, reaffirmed commitments on Iran's nuclear programme, and joint anti-narcotics enforcement that has already led to dozens of arrests.
- During the state visit, the leaders agreed to build "a constructive relationship of strategic stability," a diplomatic tone underscored by US first lady Melania Trump and Chinese President Xi Jinping's wife Peng Liyuan visiting the National Archives Museum together.
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105 Articles
Beijing/Washington, 26 Sep (EFE).- China and the United States agreed to establish a "superintelligence" dialogue channel to exchange views on the risks and benefits of artificial intelligence (AI), as well as a new agreement by which Beijing will import US coal. According to a White House statement on what was achieved during the [...] Entry China and the US reach agreement on coal and establish a channel for dialogue on AI was first published …
The two countries signed an eight-point agreement.
China and the US have agreed to establish a channel to resolve incidents related to artificial intelligence (AI) and speed up work on military communication in crisis situations, both sides announced today after a three-day summit in Washington between their leaders Xi Jinping and Donald Trump.
US, China agree to cut tariffs on $30 billion worth of goods, set up channel for AI incidents
(The Hill) -- The U.S. and China agreed to lower tariffs on $30 billion worth of goods each country imports from the other and launch new talks on artificial intelligence (AI) following President Trump’s summit with Chinese President Xi Jinping. The agreements were part of an eight-point consensus reached during Xi’s three-day state visit to [...]
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