Bessent Reports Successful Trade and AI Talks with China Ahead of Trump‑Xi Meeting

Treasury Secretary Scott Bessent said on Sunday that recent meetings with Chinese officials had progressed positively, coming just days before President Donald Trump and President Xi Jinping are scheduled to meet later this week. Bessent highlighted that the discussions covered trade and artificial‑intelligence policy, noting that the U.S. and China had built on the groundwork laid during the previous Beijing visit.

The Secretary emphasized that the engagement was “very successful” and that both sides had advanced key points on trade imbalances and the regulation of AI technologies. He added that the talks helped clarify expectations for the upcoming summit and that the U.S. aims to strengthen cooperation while addressing competitive concerns in technology and commerce.

With the Trump‑Xi meeting set to take place later in the week, the Treasury’s outreach is seen as a prelude to broader diplomatic efforts. The U.S. administration hopes that the summit will further resolve trade disputes and establish a framework for responsible AI development, while maintaining a focus on economic stability and national security.