Bessent meets with Chinese counterpart ahead of Trump-Xi summit
Summary
U.S. Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng in New York before a planned summit between President Donald Trump and Chinese President Xi Jinping. The meeting focused on improving economic and trade relations between the U.S. and China ahead of the upcoming White House talks.Key Facts
- Secretary Bessent and Vice Premier He Lifeng met at JPMorgan Chase headquarters in New York.
- The meeting aimed to prepare for the planned summit between President Trump and President Xi in Washington later this week.
- U.S. Trade Representative Jamieson Greer joined the discussions to promote balanced trade and better market access for American businesses and workers.
- The summit will be the second meeting between Trump and Xi in 2024, with a state dinner planned at the White House.
- Key topics include artificial intelligence (AI), the expiring trade agreement, and critical minerals.
- Some industry leaders and a U.S. lawmaker want AI safety and monitoring measures included in the summit talks.
- The Trump administration is focused on monitoring trade commitments and improving trade in non-sensitive goods with China.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
