US and China to Discuss AI Risks Ahead of Presidential Summit

Treasury Secretary Scott Bessent and USTR Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng in New York to discuss AI risks, trade, and rare earths. While the US is open to discussing shared risks and preventing system bifurcation, it maintains that it will not slow its own AI development. Both the US and Chinese governments have previously rejected industry calls to decelerate AI progress, with President Donald Trump labeling such slowdowns a hoax and China's foreign ministry dismissing them as fear-mongering.