China, US agree to AI dialogue, $42b in tariff cuts during state visit
What happened
- Summary: Reports say China and the US agreed tariff cuts during a state visit, with ABC citing $42b and CNBC and ABC citing $60b of goods; ABC also reports AI dialogue.
- Key point: ABC reports China and the US agreed to AI dialogue and $42b in tariff cuts during a state visit.
- Key point: CNBC reports the US and China will lower tariffs on $60 billion of goods, listing qualifying items.
- Key point: ABC reports both countries struck a deal to lower tariffs on non-sensitive goods worth $US60 billion, listing live animals, surgical robots and soccer balls.
- Qualification: ABC says cuts apply to US exports like agricultural goods, wood, cosmetics and US imports like small appliances, toys, decorations.
- Qualification: CNBC says lists included US imports of toys, sports equipment, Christmas decorations, and US farm products on China's import list.
- Unresolved: ABC cites $42b in tariff cuts; CNBC and ABC cite $60 billion of goods.
Original reporting
- Emus, robots, whales and balls to have lower tariffs under US-China deal ↗
ABC News Business · Published Sep 29, 2026
- U.S., China to lower tariffs on $60 billion of goods. Here's what qualifies ↗
CNBC Top News · Published Sep 28, 2026
- China, US agree to AI dialogue, $42b in tariff cuts during state visit ↗
ABC News Business · Published Sep 26, 2026
