Following a summit between US President Donald Trump and Chinese President Xi Jinping, the two superpowers pledged to establish a "communication channel" for AI incidents and boost coordination on military matters. The agreement was announced by China's Foreign Ministry.

During the three-day summit, the sides promised to expand dialogue on AI safety and between their militaries, while also cutting tariffs on about $30 billion of "non-sensitive goods." Trump described the summit as "one of Friendship, Strength, and Success," while Xi struck a more constrained tone, speaking of "strategic stability on the basis of respect, fairness, and reciprocity."

On Saturday, China confirmed that both sides agreed to a mutual tariff reduction on roughly $30 billion of "non-essential" goods, including agricultural products and holiday decorations. The Chinese statement also confirmed the creation of a "communication channel" for AI incidents. A new round of AI-focused dialogue is due in November. Beijing also said the two nations will accelerate work on military crisis communications.

The US had previously announced that Beijing and Washington agreed to extend their "trade truce" agreed by Trump and Xi last October. The deal, which saw China suspending controls on rare earths and the US cutting back on some tariffs, was due to expire on November 10. According to US Treasury Secretary Scott Bessent, it will remain in effect until January. The White House also said China agreed to import at least 10 million metric tons of coal from the US in 2027 and 2028.

While Trump confirmed the Iran war was on the agenda, no major breakthroughs were reported. However, China's Foreign Ministry said both sides agreed that Iran should not have nuclear weapons and no country should impose transit tolls on international waterways. Trump and Xi are due to meet twice more by the end of the year, with Trump expected to attend the APEC summit in China in November and Xi expected back in the US for a G20 summit in December.

Source: www.dw.com