Bessent calls US-China trade and AI talks "very successful" ahead of Trump-Xi summit
Treasury Secretary Scott Bessent and USTR Jamieson Greer met Chinese Vice Premier He Lifeng in New York for roughly eight hours, laying groundwork for Trump's meeting with Xi Jinping in Washington.
What to know
- Bessent and Greer spent roughly eight hours with China's He Lifeng in New York, calling it a "very successful engagement" on trade and AI just before Xi Jinping's Washington visit.
- The two sides agreed to pursue a formal US-China AI dialogue and a notification mechanism for AI incidents that pose national security threats.
- Negotiators are narrowing which goods — consumer, low-tech, energy, agricultural and medical devices — could be routed through the new Board of Trade instead of a national security review.
- Xi Jinping is due in Washington Wednesday for the summit with Trump that these talks were meant to set up.
“We just had a very successful engagement with the Chinese on trade — the — and AI, completing where we left off in Beijing — we…”
Scott Bessent, US Treasury Secretary · The Hill ↗ · Sep 20
Scott Bessent US Treasury Secretary
Jamieson Greer US Trade RepresentativeHe Lifeng Chinese Vice Premier
Donald Trump US President
Xi Jinping Chinese leader
How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts
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Xi Jinping arrives in Washington for summit with Trump — Xi is set to arrive in Washington on Wednesday for a meeting with President Trump, the event the trade and AI talks were meant to prepare for.
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Officials detail new AI dialogue and trade review plans
Bessent said the two sides discussed standing up a formal US-China AI dialogue and a "notification mechanism" for AI incidents posing national security threats; Greer said negotiators are weighing a "relatively small subset" of goods — consumer items, low-tech products, energy, agriculture and medical devices — for review by the new Board of Trade instead of a national security process.
“relatively small subset…”
— Jamieson Greer -
first by Semafor, 2d ago · also Anadolu Agency
1 more headline
- Top US, Chinese trade negotiators meet again ahead of Trump-Xi summit in Washington Anadolu Agency · 7h ago
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Treasury Secretary Scott Bessent said he and US Trade Representative Jamieson Greer had a “very successful engagement with the Chinese on trade and AI,” setting the stage for Donald Trump and Xi Jinping to meet this week.
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Bessent declares the China talks "very successful"
Bessent said the session with Chinese officials on trade and AI picked up where negotiators had "left off in Beijing," setting the stage for the Trump-Xi meeting.
“very successful engagement with the Chinese on trade and AI…”
— Scott Bessent -
background
Bessent and Greer hold hours-long talks with China's He Lifeng in New York — Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer met Chinese Vice Premier He Lifeng in New York for roughly eight hours of trade and AI talks on Sunday, days before Xi Jinping's Washington visit.