cnbc.com web signal

Bessent and He Lifeng Open New York AI, Tariff and Rare-Earth Talks Ahead of Sept 24 Trump-Xi Summit

China AI Regulation Chips ai-business

Summary

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng opened a session at JPMorgan Chase's New York headquarters on September 20 aimed at teeing up AI, tariff and critical-minerals agreements before the September 24 Trump-Xi summit in Washington. AI safety and export controls are on the explicit agenda alongside rare earths, per multiple wire reports, with JPMorgan hosting the venue but not participating in negotiations. The talks precede the UN General Assembly high-level meetings starting September 22.