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BUSINESSThe Hill·8h ago

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

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AI TLDR · GEMINI

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. The agreements were part of an eight-point consensus reached during Xi’s three-day state visit to Washington, D.C., which...

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