China announced the joint arrangement from the trade talks in Kuala Lumpur after the two leaders wrapped up their meeting in Busan, South Korea. Trump called the meeting "a 12 out of 10".

Here's what you need to know about the latest China-US consensus on tariffs, export controls, Section 301 investigations, and other key issues.

As the Chinese president said, China and the US should work together to accomplish more great and concrete things for the good of their two countries and the whole world.