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He Lifeng

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US and China discuss AI incident notification system ahead of Trump-Xi meeting

Treasury Secretary Scott Bessent said the United States has proposed a 'notification mechanism' allowing the U.S. and China to alert each other about AI incidents that could threaten national security. The proposal emerged from weekend talks between Bessent and Chinese Vice Premier He Lifeng in New York, held ahead of a Thursday meeting between President Trump and Xi Jinping. Officials also said they had agreed to operationalize a new 'Board of Trade' first discussed in May and were exploring tariff reductions on nonsensitive goods like agriculture, energy and medical devices.

Bessent, He Lifeng hold pre-summit trade talks in New York ahead of Trump-Xi meeting

Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng in New York to discuss economic and trade issues, including AI, tariffs and rare earths, ahead of a planned summit between President Trump and Chinese President Xi Jinping in Washington. U.S. Trade Representative Jamieson Greer also joined the discussions, which Bessent described as laying the groundwork for the leaders' meeting.