U.S. and Chinese officials engaged in critical discussions in New York, focusing on trade, investment, and artificial intelligence (AI) ahead of a pivotal meeting between U.S. President Donald Trump and Chinese President Xi Jinping. The talks, led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, aim to uphold a delicate trade truce slated to conclude in November.
Efforts to reduce trade barriers, including tariffs and export restrictions impacting American energy and agricultural sectors, were central to the discussions. These negotiations occur amid ongoing attempts by Washington and Beijing to mitigate tensions between the world’s two largest economies.
Artificial intelligence has emerged as a contentious point, with U.S. officials and tech companies expressing concerns over Chinese firms developing AI systems utilizing technology derived from American sources. China has dismissed these allegations and resists actions perceived as hindering its AI industry.
In anticipation of the Trump-Xi summit, officials from both countries are expected to deliberate on managing AI development risks and preventing further technological divergence. The meeting is anticipated to cover broader economic and strategic issues, including trade limitations and technological rivalry.