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China, US agree to $30 billion tariff cut, AI dialogue during Xi visit
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- Sep 26, 2026, 8:50 AM UTC
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The three-day summit between Xi and President Donald Trump, which ended on Friday, showcased personal diplomacy rather than big public breakthroughs.
Investing.com -- China and the U.S. have agreed to a $30 billion reciprocal tariff-reduction arrangement and to launch dialogue on AI, under an eight-point consensus reached during Chinese President Xi Jinping’s visit to the U.S., China’s foreign ministry said on Saturday.
The United States and China have reached an agreement to cut duties on $30 billion worth of goods and to begin talks on artificial...