China, U.S. agree to new AI safety channel after Washington summit

China and the U.S. agreed to establish a channel for handling AI-related incidents and accelerate military crisis communications following a three-day summit in Washington, both sides announced Saturday. The two sides also agreed to continue operating a Board of Trade on selected bilateral issues, which the White House said went into operation this week. They pledged to extend a trade truce by two months and work on reducing reciprocal tariffs on roughly $30 billion worth of goods, with China committing to import at least 10 million metric tons of U.S. coal in 2027 and 2028. The summit produced no major breakthroughs, but analysts said the incremental steps toward institutionalized cooperation were noteworthy. Both sides agreed to meet again at the APEC summit in Shenzhen in November and later at the G20 in Florida, while also affirming that Iran should not develop nuclear weapons and that no country should toll international waterways.