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...
One of two doctors who are among the five people charged in the ketamine overdose death of "Friends" star Matthew Perry was barred by a federal judge on Friday from practicing medicine and through his lawyer afterward expressed remorse. Dr. Mark Chavez appeared in US District Court in Los Angeles for a brief arraignment on a single felony count of conspiracy to illegally distribute ketamine and was permitted to remain free on $50,000 bond. Chavez has previously signed an agreement with federal prosecutors to enter a guilty plea, which defense lawyer Matt Binninger told reporters his client would do at a later proceeding to be scheduled within a few weeks. No plea was entered on Friday. As part of the bond conditions set by Magistrate Judge Jean Rosenbluth, Chavez also surrendered his passport and was ordered not to practice medicine. He had agreed to surrender his medical license at a separate administrative hearing earlier this week, according to a spokesperson for the U.S. ...