China, U.S. agree to AI dialogue, tariff cuts on $30 billion in goods during Xi visit

During President Xi Jinping's visit to Washington, the U.S. and China announced a significant reduction in tariffs on $30 billion worth of goods and the initiation of a dialogue on artificial intelligence. This move aims to ease tensions between the world's two largest economies and pave the way for more collaborative efforts in technology and trade. By addressing trade imbalances and fostering dialogue on AI, both nations hope to stabilize their economic relationship and set a precedent for future international cooperation.