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U.S. and China Agree Tariff Cuts on $30B Goods

By Drooid · · How we work

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US, China Cut Tariffs
  • United States and China agreed to cut tariffs on $30 billion of non-sensitive goods each way.
  • The deal lowers duties on U.S. farm products, wood, cosmetics and Chinese small appliances, toys, decorations.
  • Both sides pledged ongoing AI risk dialogue and scheduled a follow-up meeting in November.
  • They established a communication channel for AI-related incidents.
  • Xi said AI development must remain under human control.
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