US, China agree to cut tariffs on $30 billion worth of goods, set up channel for AI incidents

AI Summary

The United States and China agreed to reduce tariffs on $30 billion worth of goods traded between them and established a new channel for artificial intelligence incident discussions following a summit between President Trump and President Xi Jinping. The agreement is part of an eight-point consensus reached during Xi's visit to Washington, D.C.

The U.S. and China agreed to lower tariffs on $30 billion worth of goods each country imports from the other and launch new talks on artificial intelligence (AI) following President Trump’s summit with Chinese President Xi Jinping. The agreements were part of an eight-point consensus reached during Xi’s three-day state visit to Washington, D.C., which…