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US and Chinese economic officials held around eight hours of talks in New York on trade and AI, including a proposed channel for AI-related incidents, while discussing critical minerals and a possible trade-truce extension ahead of the Trump-Xi summit.
US tariffs on Chinese goods were capped at about 20 percent under the trade agreement.
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.
The United States and China agreed to apply more favourable tariffs to 30000000000 USD of non-sensitive goods in each direction.