Xi Jinping and Donald Trump agree on a $30 billion reduction in tariffs
The meeting between Xi Jinping and Donald Trump in Washington was accompanied by announcements on trade and bilateral dialogue. The two leaders also emphasized their « friendship » and the progress of their relations, although the information released did not suggest a lasting rapprochement.
Announcements about commerce and artificial intelligence
Having arrived the week before the news broke, the Chinese president was received by his American counterpart in Washington. Following their meeting, the two heads of state praised the state of their relations.
On Monday, September 28, it was announced that they had agreed on a $30 billion reduction in tariffs. A trade council is also to be created and meet regularly.
The two countries also plan to establish a dialogue framework dedicated to the control of artificial intelligence. The details of this mechanism have not been specified.
Signs of dialogue, but no detailed assessment
The announcements concern trade meas and the creation of forums for dialogue. They demonstrate a dialogue between Washington and Beijing, but the available information does not detail the implementation of these meas or their effects.
The leaders mentioned progress and emphasized their friendship. However, these statements are not enough to establish that the disagreements between the two countries have been resolved or that their relations are on the path to a lasting rapprochement.
Source: euro|topics (www.eurotopics.net)
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