--- title: U.S., China Come To Terms On Historic Climate Change Deal | TIME description: President Obama and President Xi Jinping finished up the deal Wednesday near the end of the trade summit in Beijing. canonical: https://time.com/video/Zo1OX87z/ og:title: U.S., China Come To Terms On Historic Climate Change Deal og:description: President Obama and President Xi Jinping finished up the deal Wednesday near the end of the trade summit in Beijing. og:url: https://time.com/video/Zo1OX87z/ og:image: https://cdn.jwplayer.com/v2/media/Zo1OX87z/poster.jpg?width=720 og:type: video.other twitter:card: summary_large_image twitter:title: U.S., China Come To Terms On Historic Climate Change Deal twitter:description: President Obama and President Xi Jinping finished up the deal Wednesday near the end of the trade summit in Beijing. twitter:image: https://cdn.jwplayer.com/v2/media/Zo1OX87z/poster.jpg?width=720 --- # U.S., China Come To Terms On Historic Climate Change Deal > Sponsored content. 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They are at time.com/newsletters and are separate from a paid subscription. ## Video: U.S., China Come To Terms On Historic Climate Change Deal [Watch (HLS stream): U.S., China Come To Terms On Historic Climate Change Deal](https://cdn.jwplayer.com/manifests/Zo1OX87z.m3u8) (1:35)  _Published 2014-11-12. President Obama and President Xi Jinping finished up the deal Wednesday near the end of the trade summit in Beijing._ --- Jul 27, 2023 5:30 PM UTC --- ## More From This Series [All Videos](https://time.com/video/) [President Joe Biden Meets with President Xi Jinping to Discuss U.S.-China Relations](/video/QQyJLUGm/) ### President Joe Biden Meets with President Xi Jinping to Discuss U.S.-China Relations [Know Right Now: China and U.S. Set To Announce New Climate Change Policies](/video/a2J4IvaP/) ### Know Right Now: China and U.S. Set To Announce New Climate Change Policies [Know Right Now: Chinese President Xi Jinping Visits The U.S.](/video/gZWUHgGg/) ### Know Right Now: Chinese President Xi Jinping Visits The U.S. --- ## Transcript The United States and China have struck a historic agreement to cut greenhouse gases over the next two decades. President Obama and President Xi Jinping ironed out the new deal Wednesday at the tail end of the trade summit in Beijing. As part of the agreement, the US says by 2025, it will trim a little over a quarter of the carbon emissions levels from 2005. China will peak it's carbon emissions by 2030 and plans to employ several green energy initiatives too. Even amid some criticisms the deal is mostly symbolic. It still marks the first time China has ever committed to reducing greenhouse gas emissions. The Obama administration hopes other countries will follow suit. Plus climate experts told the New York Times the deal is crucial to get the ball rolling with carbon cutting measures on a global scale. Especially since the US and China are the two top carbon polluters in the world. Still on the US side of things the deal could face some obstacles with the new Republican controlled Congress. Although CNN talked to a Whitehouse official who noted leading climate deniers in the GOP might try to stop the initiative but hinted the President may act alone if necessary. The United States welcomes the rise of a prosperous. Peaceful and stable China. Greenhouse gases weren't the only issue addressed at the Summit. Tuesday, two of the world's largest economies came to terms on a breakthrough trade agreement that is expected to lower tariffs on a number of high- tech goods throughout the world. The U- S / China pact comes after European Union leaders agreed to similar commitments to reduce carbon emissions last month. 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