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FSMN
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Joined November 2021
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BESSENT CALLS US-CHINA TALKS ON AI AND TRADE "VERY SUCCESSFUL" The Treasury secretary spoke after hours of talks in New York with Vice Premier He Lifeng and other officials, per Bloomberg. The two sides agreed to set up a dialogue on AI and share views on common goals and threats. Bessent: "The US has proposed that we have a notification mechanism between the two countries, and we want a shared vision of common goals and common threats," which he said would be called the US-China AI dialogue. Trade Representative Jamieson Greer said the two sides are "preparing the groundwork" for Thursday's meeting between Trump and Xi Jinping. Top Chinese trade negotiator Li Chenggang said a working group would continue Monday. The two countries have been working to reduce levies on American energy and agricultural products, part of a broader effort to ease barriers on $30B worth of products from each side under the Board of Trade mechanism launched earlier this year.
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