US and China Agree to AI Dialogue and Tariff Reductions on $30 Billion in Goods Following Xi Visit

During Chinese President Xi Jinping's visit, the United States and China reached agreements to hold a dialogue on the risks and benefits of artificial intelligence, with the next discussions scheduled for November. The two nations also agreed to tariff cuts on $30 billion worth of goods and to establish a trade council, marking a new chapter in their relationship and aiming to uphold bilateral stability.