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Sunday, September 27, 2026

The United States and China have agreed to reduce tariffs on $30 billion of goods and launch a dialogue on AI, both countries said following President Xi Jinping's visit to Washington.

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US Ambassador to China David Perdue says in their recent meeting Trump asked President Xi if China wanted to buy weapons systems from the US.

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-- Ron Filipkowski (@ronfilipkowski.bsky.social) 12:49 PM · Sep 27, 2026

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... "The two countries reached consensus on recommendations for more favorable tariff treatment for $30 billion of non-sensitive goods in each direction," the White House said.

The three-day summit between Xi and President Donald Trump, which ended on Friday, showcased personal diplomacy rather than big public breakthroughs. Xi has since landed in Beijing, Chinese state news agency Xinhua reported on Saturday.

The two sides also agreed to set up a trade council and extend the outcomes of earlier talks in Kuala Lumpur, the Chinese Foreign Ministry said.

The agreement follows a move by the world's two largest economies to extend by two months a trade truce that had been due to expire on November 10, allowing more time to work on a potentially bigger trade deal, US Treasury Secretary Scott Bessent said on Wednesday.

"This historic visit enriched the constructive and stable China-US relationship, upheld the overall stability of bilateral ties, opened a new chapter in China-US relations, and will have a far-reaching impact on world peace and development," Chinese Foreign Minister Wang Yi said in a statement. ...



#1 | Posted by LampLighter at 2026-09-27 12:22 AM | Reply

Trump and Xi's 'stalemate' summit was a glitzy gift to China
www.reuters.com

... President Donald Trump hoped his pomp-filled summit with Xi Jinping in Washington last week would showcase the strength of his personal relationship with the Chinese leader.

Instead, the limited outcomes showed just how far apart Washington and Beijing remain on key issues, and reinforced a view among analysts that Xi sees little reason to grant Trump major political victories ahead of November's midterm elections.

"The US-China relationship has settled into a managed stalemate," said Craig Singleton, senior director for China at US-based think tank, the Foundation for Defense of Democracies.

"The elaborate pageantry matters precisely because there is still relatively little substantive progress to showcase."

Both sides said they reached consensus on lowering tariffs for a $60 billion batch of non-sensitive goods, but there was no timeline for adoption. At the same time, a deadline for a broader trade accord was pushed into next year.

The absence of a Chinese CEO delegation accompanying Xi also highlighted the challenges of overcoming US suspicion of Chinese investment, casting doubt on the viability of a two-way investment scheme the leaders unveiled at a Beijing summit in May, analysts said.
"The Trump-Xi summit created a positive political atmosphere but did nothing to narrow differences, or reduce mutual suspicions," said Drew Thompson, a senior fellow at the S. Rajaratnam School of International Studies in Singapore. ...


#2 | Posted by LampLighter at 2026-09-28 01:00 PM | Reply

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