Business

U.S. and China Agree on Tariff Cuts, Stumble on AI Issues

Updated 2026-09-28 18:25 UTC 1 source Neutral

The U.S. and China agreed to reduce tariffs on products like dolls and fireworks but failed to make progress on major issues such as AI, Iran, and Taiwan.

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MarketWatch

The U.S. and China agree to $60 billion in tariff cuts on products like dolls and fireworks. Rare earths remain a sticking point.

There were no major breakthroughs on big issues including AI, Iran and Taiwan.

2026-09-28 18:15 UTC