Treasury Secretary Scott Bessent described his meeting with Chinese Vice Premier He Lifeng as successful ahead of Chinese President Xi Jinping’s planned meeting with President Donald Trump in Washington on September 24.
According to Bessent, the discussions covered artificial intelligence and trade. Washington proposed creating a US-China AI Dialogue, including a system for notifying each other about AI incidents that could reach the level of national security concerns.
Bessent said greater transparency between the world’s two leading AI powers would be important as their technological competition intensifies.
The upcoming summit is expected to address tariffs and broader economic tensions. The current trade truce, which includes suspended higher US tariffs on Chinese imports, is scheduled to expire November 10. The agreement also covers Chinese rare-earth exports and purchases of US agricultural products.
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US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng began talks Sunday, as they set the stage for possible agreements on trade, AI and other issues before a summit of the countries' top leaders. https://t.co/TqavVtaNsu
— NEWSMAX (@NEWSMAX) September 21, 2026
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