China said on Saturday it had agreed with the United States on a $30 billion reciprocal tariff-reduction arrangement and on launching a dialogue on AI, under an eight-point consensus reached during President Xi Jinping's visit to Washington. The two sides have also agreed to set up a trade council and extend the outcomes of earlier talks in Kuala Lumpur, the Chinese Foreign Ministry said. The agreement follows an earlier move by the world's two largest economies to extend by two months a trade truce that had been due to expire on November 10, allowing more time to work on a potentially bigger trade deal, US Treasury Secretary Scott Bessent said on Wednesday. Read: US, China buy time with trade truce as pressure builds The three-day summit between Xi and President Donald Trump, which ended on Friday, showcased personal diplomacy rather than big public breakthroughs. Xi has since landed in Beijing, Chinese state news agency Xinhua reported on Saturday. On a...
Israeli forces used phosphorus munitions while shelling several towns in southern Lebanon on Friday, state news agency NNA reported. Artillery struck the outskirts of Zawtar al-Sharqiyah, Mayfadoun and Nabatieh al-Fawqa in the Nabatieh district. Phosphorus shells were used in Nabatieh al-Fawqa, while Israel later renewed attacks on Zawtar al-Sharqiyah with similar munitions. Read: Pakistan, Lebanon agree to enhance intelligence sharing, security cooperation In the Tyre district, artillery fire also targeted Wadi Zibqin and the outskirts of Haris and Haddatha. Lebanese army specialists dismantled two unexploded Israeli aerial bombs in Majdal Selm and Al-Ghandouriyah in the Marjayoun and Bint Jbeil districts and moved them to a safe location. The Israeli offensive in Lebanon has killed at least 4,386 victims, wounded 12,407 and displaced more than 1 million others since early March, according to Lebanese authorities. The attacks continue despite a June framework deal that pro...