Senior Correspondent, Dhaka:
China and the United States have reached an eight-point consensus covering trade, artificial intelligence, and broader bilateral cooperation following Chinese President Xi Jinping’s three-day visit to Washington.
The economic component centers on a reciprocal tariff-reduction arrangement covering US$30 billion, alongside plans to establish a bilateral trade council and implement outcomes from earlier negotiations in Kuala Lumpur. The framework follows an extension of the existing trade truce, giving both sides additional time to pursue wider trade arrangements.
The agreement also introduces a formal China-US AI Dialogue, with the next exchange scheduled for November. The two countries will establish a communication channel for AI-related incidents, creating a mechanism for discussing both the technology’s risks and benefits.
Beyond trade and technology, the consensus covers international issues. Beijing and Washington agreed to support each other in hosting the 2026 APEC and G20 meetings while also addressing Iran’s nuclear commitments and the principle of unrestricted passage through international waterways.
The two militaries are separately expected to conclude an agreement on crisis communication and prevention, while cooperation on missing US servicemembers and counternarcotics enforcement will continue.
Taken together, the arrangements establish several channels for managing economic and strategic differences. However, their longer-term significance will depend on implementation and whether the mechanisms can sustain dialogue amid continuing competition between the two powers.
