White House Details US-China Pact: Tariff Cuts, Coal Imports, and AI Hotline

The White House has released the details of the understandings reached during the summit between President Donald Trump and Chinese leader Xi Jinping, as reported by Reuters and Axios. Under the framework, Washington will cut tariffs on consumer goods such as small appliances and toys, while Beijing will lower duties on agricultural goods, cosmetics, and medical devices, alongside committing to import 10 million metric tons of US coal in both 2027 and 2028.

In technology, both nations agreed to hold an initial dialogue on "super intelligence" by November and establish a dedicated communication channel to defuse crises. However, the specific types of incidents warranting use of the channel remain undefined, and the dispute surrounding rare earth minerals remains unresolved.