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US and China agree to cut tariffs on $30 billion in goods

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US and China agree to cut tariffs on $30 billion in goods

The United States and China agreed to reduce tariffs on $30 billion in goods following a three-day Washington summit between President Trump and Chinese President Xi Jinping. The deal also establishes new dialogue channels on artificial intelligence and includes a Chinese commitment to purchase American coal.

NEWAddition of Chinese commitment to buy 20 million metric tons of American coal as part of the broader trade agreement.