From Malay Mail · · 1m 20s
US Treasury Chief Calls China Trade and AI Meeting 'Very Successful'
US Treasury Secretary Scott Bessent reports a 'very successful' eight-hour meeting with Chinese officials on trade and AI ahead of US-China summit.
In brief
US Treasury Secretary Scott Bessent reports a 'very successful' eight-hour meeting with Chinese officials on trade and AI ahead of US-China summit. US Treasury Secretary Scott Bessent said a meeting with Chinese officials on trade and AI was 'very successful' and both sides agreed to set up a US-China AI dialogue…
US Treasury Secretary Scott Bessent
US Treasury Secretary Scott Bessent reported a 'very successful' meeting with Chinese officials on trade and artificial intelligence.
“We just had a very successful engagement with the Chinese”
Meeting Details
The eight-hour meeting included US trade official Jamieson Greer and Chinese Vice Premier He Lifeng at JPMorgan Chase headquarters in New York.
Agreed Next Steps
Both sides agreed to establish a US-China AI dialogue to manage threats and meet again for possible trade and AI agreements.
“We’ve agreed to meet again”
US-China Summit Context
US President Donald Trump and Chinese President Xi Jinping are scheduled to meet Thursday in Washington for the summit.
AI Threats Discussion
The US proposed a notification mechanism for security threats and agreed to create guardrails for artificial intelligence development.
Trade Truce and Minerals
Both sides aim to extend a trade truce and ensure continued flow of rare earth magnets and critical minerals for US manufacturers.
The essence
US Treasury Secretary Scott Bessent said a meeting with Chinese officials on trade and AI was 'very successful' and both sides agreed to set up a US-China AI dialogue.
