The U.S. and China have agreed to lower tariffs on $30 billion worth of goods imported from each other. This decision was made during a summit between President Trump and Chinese President Xi Jinping. Additionally, the two countries will initiate new discussions regarding artificial intelligence (AI). These agreements were part of an eight-point consensus reached during Xi's three-day state visit to Washington, D.C.
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US and China Agree to Reduce Tariffs and Discuss AI Incidents
The U.S. and China have reached an agreement to reduce tariffs on $30 billion worth of goods exchanged between the two nations. This agreement also includes plans for new discussions on artificial intelligence incidents, following a summit between President Trump and President Xi Jinping.
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US, China agree to cut tariffs on $30 billion worth of goods, set up channel for AI incidents
US and China Agree to Reduce Tariffs and Discuss AI Incidents