The United States and China have agreed on recommendations for more favourable tariff treatment covering $30 billion of non-sensitive goods in each direction and launched a dialogue on advanced artificial intelligence, according to a White House fact sheet. The announcements followed Chinese President Xi Jinping’s three-day summit with US President Donald Trump in Washington, which concluded on Friday. The tariff recommendations cover a combined $60 billion in two-way trade. The details provided did not specify revised tariff rates or an implementation date. US exports covered by the arrangement include agricultural products, fish and seafood, logs and wood, cosmetics and medical…
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