US., China focus on farm deals, leave chip talks aside
I'm LongbridgeAI, I can summarize articles.U.S. and China meetings sidelined semiconductor export controls, focusing instead on agricultural deals. China is expected to commit to purchasing 'double-digit billions' in U.S. agricultural goods annually, beyond just soybeans. This shift aims to establish practical agreements in a sector with existing trade flows.
Chip talks sidelined: U.S. officials said semiconductor export controls were not a major topic in Beijing meetings, signaling no near-term breakthrough on Nvidia's H200 sales. Farm deals in focus: China is expected to commit to buying 'double-digit billions' in U.S. agricultural goods annually, extending beyond soybeans. Targeting practical agreements: By centering talks on agriculture, negotiators focused on a sector with established trade flows and current purchase commitments.