Following Chinese President Xi Jinping's visit to Washington, the United States and China have agreed to reduce tariffs on goods and open negotiations on artificial intelligence, according to i24NEWS.
The agreement marks a significant step in US-China trade relations, coming on the heels of President Xi Jinping's state visit to Washington. During the visit, President Donald Trump and Xi held talks at the White House covering a range of issues including Iran and Taiwan, as The Zioneer reported. The reduction in tariffs and the launch of AI negotiations suggest a mutual effort to stabilize economic tensions and cooperate on emerging technologies. Further details on the scope and timeline of the tariff reductions and the AI talks have not been disclosed.
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