China, U.S. agree to AI dialogue, tariff cuts on $30 billion in goods during Xi visit
The United States and China have agreed to reduce tariffs on $30 billion US of goods and launch a dialogue on AI, both countries said following President Xi Jinping's visit to Washington.
During President Xi Jinping's three-day visit to Washington, the United States and China reached an agreement to reduce tariffs on $42 billion worth of goods and establish a trade council. The two nations also agreed to maintain regular dialogue on the risks and benefits of artificial intelligence, with further discussions planned for November. In addition, the two countries committed to support each other in hosting the Asia-Pacific Economic Cooperation summit in Shenzhen, China, and the Group of 20 summit in Florida.
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