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BUSINESSWFLA News·2h ago

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

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The U.S. and China have agreed to reduce tariffs on $30 billion worth of goods and establish a communication channel for AI-related incidents. These agreements followed a state visit by President Xi Jinping 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.

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