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China, US agree to $30 billion tariff cut, AI dialogue during Xi visit

By Thomson Reuters Sep 26, 2026 | 3:38 AM

SHANGHAI, Sept 26 (Reuters) – China ​and ‌the US 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 ⁠US, ‌Chinese ⁠state news ​agency ‌Xinhua ​reported.

(Reporting by ⁠Shanghai Newsroom; Editing by Christopher ​Cushing)