Talks Between Bessent and He Lifeng in New York Ahead of the Trump-Xi Summit
US Treasury Secretary Bessent and US Trade Representative Greer held talks with Chinese Vice Premier He Lifeng at the JPMorgan Chase headquarters in New York to prepare for the upcoming Trump-Xi summit. The discussions covered key areas including trade, AI safety, and rare earth supplies.
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This is the JPMorgan Chase headquarters in New York. On Sunday, US Treasury Secretary Bessent and US Trade Representative Greer held talks here with Chinese Vice Premier He Lifeng. This is an important meeting between the economic and trade teams of both sides ahead of the summit between Trump and Xi Jinping next week. The topics of this meeting include trade, artificial intelligence safety, and rare earth supplies. Before the meeting began, Bessent told reporters that he looked forward to targeted, detailed, and constructive talks.
Bessent later posted on the social media platform X that he would continue to consult with He Lifeng on US-China economic and trade relations to prepare for the Trump-Xi summit. He said these talks would help lay the foundation for President Trump to advance US economic interests and deliver results for the American people. The Office of the United States Trade Representative stated on Friday that the Trump administration would continue to push for the implementation of recent economic and trade commitments, expand trade in non-sensitive goods, and improve market access for American farmers, manufacturers, and workers.
It is reported that the trade-related topics of this meeting may include extending the tariff truce that is set to expire in November, as well as security safeguards in the field of artificial intelligence. Regarding rare earths, the US hopes that China will increase the supply of rare earth magnets and critical minerals. As Xi Jinping's visit to the US enters the final preparation stage, the US is also further arranging reception matters. Reported by US economic journalist Xu Xiangyun from New York.