China, US agree to set up channel for AI safety incidents

Beijing and Washington agreed to establish a communication channel for discussing artificial intelligence safety incidents, according to a statement from China's Foreign Ministry. This development follows a three-day summit between US President Donald Trump and Chinese President Xi Jinping, which took place in the United States.

The summit, described by Trump as one of Friendship, Strength, and Success, also saw the two nations agree to reduce tariffs on approximately $30 billion of non-essential goods. The tariff cuts apply to exports such as agricultural products and holiday decorations. Both countries will be accelerating their work on military crisis communications, though specific details were not provided.

Additionally, the US and China have agreed to extend their trade truce, which was initially set to expire on November 10, until January. The US had previously announced the extension, while China confirmed the agreement on Saturday. The White House also highlighted that the two sides addressed American concerns about rare earths supply, with China agreeing to import at least 10 million metric tons of coal from the US in 2027 and 2028.