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China, US agree to AI dialogue, tariff cuts on $30 billion in goods during Xi visit

Asia-Pacific 2 sources 2 countries 🔦 Under-reported 15m ago

During a visit by Chinese President Xi Jinping, the United States and China have reached a significant bilateral agreement involving mutual tariff cuts on $30 billion worth of goods in each direction.

In addition to the trade measures, the two nations established formal dialogues regarding artificial intelligence and created a new incident communication channel to manage potential bilateral crises.

The agreements represent a notable diplomatic breakthrough between the two economic superpowers, marking some of the most concrete steps taken toward easing bilateral tensions and establishing cooperative mechanisms in emerging technological and trade sectors.

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