During their eighth round of high-level economic consultations in New York, China and the United States have made significant progress on key trade matters. Both nations agreed to pursue reciprocal tariff reductions and establish joint trade and investment councils to strengthen bilateral commercial ties. The discussions also incorporated frameworks previously established during talks in Kuala Lumpur. Notably, the two economic powerhouses initiated their inaugural dialogue focused on artificial intelligence governance and cooperation, signaling a commitment to address emerging technological challenges collaboratively.

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