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Trump-Xi summit yields coal pledge as tariff talks extend
China agreed to buy at least 10 million metric tons of U.S. coal a year as the sides pursued tariff relief on $30 billion of goods.
During their Washington summit, Donald Trump and Jinping agreed that China will import at least 10 million metric tons of American coal annually in 2027 and 2028 to stabilize ties between the world's two largest economies.
The White House announced the two sides will pursue favorable tariffs on $30 billion of nonsensitive goods, establishing a Board of Trade mechanism to address market-access barriers in agriculture.
Leaders agreed to use the term "Super" intelligence rather than artificial intelligence for emerging technologies, while Trump pushes for increased coal production to offset soaring electricity costs from data centers.
Regarding Taiwan, Jinping pushed the U.S. to "Oppose" independence, yet The White House readout remained silent on the issue while both militaries will sign a memorandum of understanding to strengthen crisis communication.
Both nations committed to continue working on U.S. concerns regarding supply chain shortages for rare earths and critical minerals, though Beijing's official readout on Saturday endorsed outcomes without explicitly mentioning coal purchases.