technology Washington, United States
Trump-Xi summit yields AI channel, tariff cuts and further talks
30BUSD
The United States and China agreed to apply more favourable tariffs to 30000000000 USD of non-sensitive goods in each direction.
Trump and Xi held a three-day summit in Washington during Xi’s state visit. They agreed on an AI-incident channel, further talks, tariff cuts covering about $30 billion of goods each way, a trade council and military crisis talks, and extended a trade truce. Lists name 77 Chinese goods and 1,619 US products; more than 90% get standard tariff rates, but no timeline is set.
13 sourcesNPR, BBC News, Al Jazeera, Deutsche Welle, PBS News, abc.net.au +1Updated
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Donald Trump and Xi Jinping are scheduled to meet in Washington next Thursday.
5 of 5 sources“Trump has hailed “very productive” talks with President Xi Jinping during the Chinese leader’s state visit to Washington, DC this week.”