US and China Economic Delegations to Hold Trade Talks in New York
Ahead of Chinese President Xi Jinping's visit to Washington, US and China economic delegations will meet in New York to discuss trade issues.
Economic and commercial contacts between the US and China continue with critical talks in New York ahead of Chinese President Xi Jinping's visit to Washington. The parties will address trade, artificial intelligence, and rare earth elements ahead of the leaders' meeting.
New York Visit and Delegations
The Chinese Ministry of Commerce announced that the Chinese delegation headed by Vice Premier He Lifeng will visit the US from September 19-23.
The Office of the United States Trade Representative also reported that Trade Representative Jamieson Greer will meet with He Lifeng in New York on September 20, along with Treasury Secretary Scott Bessent.
Artificial Intelligence and Trade on the Agenda
The agenda of the talks in New York includes artificial intelligence, trade, rare earth elements, and other economic topics.
US Treasury Secretary Scott Bessent stated that he is open to discussing the mutual risks posed by artificial intelligence with the Chinese delegation.
Rare Earth Elements Debate
Rare earth elements and critical minerals are among the primary topics of commercial negotiations between the two countries.
Various disagreements had previously occurred between Washington and Beijing due to practices concerning the export of these resources.
Trump and Xi Summit in Washington
The economic talks in New York are being held ahead of Xi Jinping's expected visit to the US next week.
US President Donald Trump had previously announced that he would meet with Xi in Washington on September 24.
Tariff and Technology Restrictions
Relations between the two countries are shaped by headings such as tariffs, technology restrictions, and control over critical minerals.
The extension of the current trade truce, expected to expire in November, is also among the topics to be addressed in New York.