China's Ministry of Commerce confirmed holding its first AI talks with the United States and discussed tariff reductions and the extension of trade arrangements; this follows earlier statements from US Treasury Secretary Scott Bessent that both sides had agreed to extend the trade truce until January next year.
China's Ministry of Commerce confirmed on Thursday that its senior trade negotiators have held their first artificial intelligence talks with the United States. Spokesperson He Yadong stated that both sides also discussed plans to reduce tariffs and extend the trade arrangement reached in Kuala Lumpur last October. This follows U.S. Treasury Secretary Scott Bessent's statement to Fox News on Wednesday that the two countries had agreed to extend their trade truce until next January. The truce, reached in October 2025, aims to lower tariffs and limit China's export controls on rare earths. China's Ministry of Commerce added that both sides held constructive and candid talks and reached multiple consensuses.
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