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China and United States Reach Consensus on Trade and AI Cooperation
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News Analysis IndiaReporter
September 24, 2026
05:05 PM
The eighth round of trade negotiations between China and the United States, concluded in New York, saw both capitals affirming a pathway of mutual respect and peaceful coexistence. Among the outcomes were commitments to enforce existing trade‑consultation agreements, introduce reciprocal tariff reductions, and set up dedicated trade and investment councils.
A notable milestone was the inaugural artificial‑intelligence discussion, led by China’s Vice‑Premier He Lifeng and U.S. Treasury Secretary Scott Basant, under the bilateral economic‑trade mechanism. Both sides pledged to keep a tight line of communication for follow‑up actions and to defer the Kuala Lumpur joint arrangement until a later date.
