US and China begin high stakes New York talks
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met in New York to discuss artificial intelligence, trade and critical minerals. The talks aim to prepare potential agreements for an upcoming summit between Presidents Donald Trump and Xi Jinping.
United States Treasury Secretary Scott Bessent and China Vice Premier He Lifeng met in New York on Sunday morning to negotiate artificial intelligence safeguards, tariffs, and critical minerals ahead of an upcoming presidential summit. The high-stakes discussions at JPMorgan Chase & Co headquarters involve top trade officials as a bilateral trade truce approaches its November expiration. Both nations seek stability as trade tensions persist over rare-earth supplies and industrial policies impacting global markets.
