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U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng concluded talks in New York on Sunday and proposed setting up a "notification mechanism" for artificial intelligence incidents that rise to the level of national security.

U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng concluded talks in New York on Sunday and proposed setting up a "notification mechanism" for artificial intelligence incidents that rise to the level of national security.

Bessent said the two sides negotiated an AI dialogue mechanism, first floated when <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.verity.news/story/2026/trump-arrives-in-beijing-for-summit-with-xi">President Donald Trump met Chinese President Xi Jinping in Beijing</a> in May. Chinese state media said the delegations held "candid, in-depth and constructive exchanges during consultations on economic and trade issues," including AI.

Bessent said the two sides negotiated an AI dialogue mechanism, first floated when President Donald Trump met Chinese President Xi Jinping in Beijing in May. Chinese state media said the delegations held "candid, in-depth and constructive exchanges during consultations on economic and trade issues," including AI.

"We think that, just like with any cross-border activity, that moving from opaque to more transparency between the number one and the number two AI powers in the world is very important," Bessent said after the meetings at JPMorgan Chase's Manhattan headquarters.

"We think that, just like with any cross-border activity, that moving from opaque to more transparency between the number one and the number two AI powers in the world is very important," Bessent said after the meetings at JPMorgan Chase's Manhattan headquarters.

U.S. Trade Representative Jamieson Greer said export controls on advanced AI chips and semiconductor manufacturing equipment were not on the agenda, and that the talks would prepare the ground for the Trump-Xi summit Thursday and Friday in Washington.

U.S. Trade Representative Jamieson Greer said export controls on advanced AI chips and semiconductor manufacturing equipment were not on the agenda, and that the talks would prepare the ground for the Trump-Xi summit Thursday and Friday in Washington.

Both sides moved to operationalize a Board of Trade discussed in May to identify nonsensitive goods for lower tariffs. Greer cited Chinese consumer and low-tech items, as well as U.S. energy, agricultural goods and medical devices, as candidates.

Both sides moved to operationalize a Board of Trade discussed in May to identify nonsensitive goods for lower tariffs. Greer cited Chinese consumer and low-tech items, as well as U.S. energy, agricultural goods and medical devices, as candidates.

The one-year trade truce reached in Busan, which capped tariffs near 20%, expires Nov. 10 and was not extended on Sunday. U.S. officials say China's delivery of critical minerals has fallen short of its commitments under that agreement.

The one-year trade truce reached in Busan, which capped tariffs near 20%, expires Nov. 10 and was not extended on Sunday. U.S. officials say China's delivery of critical minerals has fallen short of its commitments under that agreement.

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Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng concluded talks in New York on Sunday, with the U.S. proposing a notification mechanism covering artificial intelligence incidents that rise to a national security level.

Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng concluded talks in New York on Sunday, with the U.S. proposing a notification mechanism covering artificial intelligence incidents that rise to a national security level.

Bessent said the two sides negotiated an AI dialogue mechanism, first floated when Trump met Xi in Beijing in May. Chinese state media said the delegations held candid, in-depth and constructive exchanges on economic and trade issues, including AI.

Bessent said the two sides negotiated an AI dialogue mechanism, first floated when Trump met Xi in Beijing in May. Chinese state media said the delegations held candid, in-depth and constructive exchanges on economic and trade issues, including AI.

"We think that just like with any cross-border activity, that moving from opaque to more transparency between the No. 1 and the No. 2 AI powers in the world is very important," Bessent said after the meetings at JPMorgan Chase's Manhattan headquarters.

"We think that just like with any cross-border activity, that moving from opaque to more transparency between the No. 1 and the No. 2 AI powers in the world is very important," Bessent said after the meetings at JPMorgan Chase's Manhattan headquarters.

Both sides moved to operationalize a Board of Trade discussed in May to identify nonsensitive goods for lower tariffs. Greer cited Chinese consumer and low-tech items and U.S. energy, agricultural goods and medical devices as candidates.

Both sides moved to operationalize a Board of Trade discussed in May to identify nonsensitive goods for lower tariffs. Greer cited Chinese consumer and low-tech items and U.S. energy, agricultural goods and medical devices as candidates.

The one-year trade truce reached in Busan, which capped tariffs near 20%, expires Nov. 10 and was not extended Sunday. U.S. officials say China's delivery of critical minerals has fallen short of its commitments under that agreement.

The one-year trade truce reached in Busan, which capped tariffs near 20%, expires Nov. 10 and was not extended Sunday. U.S. officials say China's delivery of critical minerals has fallen short of its commitments under that agreement.

Talking to Beijing about AI beats guessing at each other's intentions. The New York sessions between Vice Premier He Lifeng, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer showed candid, constructive exchanges are possible on trade and on AI. Laying that groundwork before the Trump-Xi summit is how American economic interests get advanced.

Talking to Beijing about AI beats guessing at each other's intentions. The New York sessions between Vice Premier He Lifeng, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer showed candid, constructive exchanges are possible on trade and on AI. Laying that groundwork before the Trump-Xi summit is how American economic interests get advanced.

Scott Bessent

China News

A hotline with Beijing assumes both sides want the same thing, and that's a fantasy. Washington's AI debate is about protecting humanity, while the Chinese Communist Party cares about keeping its own grip on power and means America harm. The answer is smart regulation at home plus winning the race outright, not cozy chats that let Chinese tech become the world's default.

A hotline with Beijing assumes both sides want the same thing, and that's a fantasy. Washington's AI debate is about protecting humanity, while the Chinese Communist Party cares about keeping its own grip on power and means America harm. The answer is smart regulation at home plus winning the race outright, not cozy chats that let Chinese tech become the world's default.

Josh Rogin

Artificial Intelligence

The US-China Conflict

U.S. Pitches AI Hotline With China Ahead of Trump-Xi Summit

U.S. Pitches AI Hotline With China Ahead of Trump-Xi Summit

United States of America

China

Talking to Beijing about AI beats guessing at each other's intentions. The New York sessions between Lifeng, Bessent and Greer showed that candid, constructive exchanges are possible on trade and on AI. Laying that groundwork before the Trump-Xi summit is how American economic interests get advanced.

Talking to Beijing about AI beats guessing at each other's intentions. The New York sessions between Lifeng, Bessent and Greer showed that candid, constructive exchanges are possible on trade and on AI. Laying that groundwork before the Trump-Xi summit is how American economic interests get advanced.

A hotline with Beijing assumes both sides want the same thing, and that's a fantasy. Washington's AI debate is about protecting humanity, while the Chinese Communist Party cares about keeping its own grip on power and means America harm. The answer is not cozy chats that let Chinese tech become the world's default.

A hotline with Beijing assumes both sides want the same thing, and that's a fantasy. Washington's AI debate is about protecting humanity, while the Chinese Communist Party cares about keeping its own grip on power and means America harm. The answer is not cozy chats that let Chinese tech become the world's default.

There's a 25% chance that the U.S. and China will be parties to any AI regulation treaty that controls or monitors AI development in 2030, according to the Metaculus prediction community.

There's a 25% chance that the U.S. and China will be parties to any AI regulation treaty that controls or monitors AI development in 2030, according to the Metaculus prediction community.

US Pitches AI Alert System with China Ahead of Trump-Xi Summit

U.S.US Pitches AI HotlineAlert WithSystem with China Ahead of Trump-Xi Summit

The Spin

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