The United States and China have reached a consensus on favorable tariff treatment for $30 billion worth of non-sensitive goods traded in each direction as the White House announced following Chinese President Xi Jinping’s state visit to Washington.
The agreement covers US exports such as agricultural products, seafood, wood, cosmetics and medical devices while US imports will include consumer goods, small appliances and toys. Additionally, China agreed to import at least 10 million metric tons of US coal annually in 2027 and 2028.
During the summit with US President Donald Trump both sides established a Board of Investment to resolve market barriers and pledged ongoing talks regarding critical mineral supply chains, including rare earths.
Beyond trade, the leaders discussed global security concerns involving Russia, North Korea and Iran, reaffirming that Iran must never acquire nuclear weapons. Trump also advocated for trilateral arms control talks involving the US, Russia and China.
In a notable shift both nations agreed to adopt the term "super intelligence" for advanced emerging technologies and established a formal US-China Super Intelligence Dialogue to address related risks with the next session scheduled for November 2026.
