Chinese President Xi Jinping and U.S. President Donald Trump agreed to continue reducing reciprocal tariffs on roughly $30 billion of trade, extend their trade truce by two months and maintain cooperation through a bilateral Board of Trade that the White House said began operating this week. The three-day Washington summit produced no major breakthrough on underlying disputes, but established working-level channels intended to manage tensions. The sides agreed to sign a memorandum of understanding on military crisis communications and establish a mechanism for artificial-intelligence-related incidents, with an AI dialogue scheduled for November. Trump said Washington would not slow its AI development or broadly share its capabilities with China. China also agreed to import at least 10 million metric tons of U.S. coal in both 2027 and 2028, while the countries continue discussions over rare-earth shipments. Xi and Trump plan to meet at the Asia-Pacific Economic Cooperation summit in Shenzhen in November and later at the G20 gathering at Trump National Doral Miami in Florida.