China and the United States have agreed to a $30 billion reciprocal tariff-reduction arrangement and to open a dialogue on artificial intelligence, as part of an eight-point consensus reached during Chinese President Xi Jinping's state visit to Washington, China's state news agency Xinhua reported.
The consensus was reached over a three-day visit, Xi's first state visit to the US in 11 years, and marks the second in-person meeting between Xi and US President Donald Trump this year, following their summit in Beijing in May.