US, China Launch AI Talks
Treasury officials to discuss critical minerals in bid to ease economic tensions
Story timeline10 updates
The US and China agreed to lower tariffs for $30bn of non-sensitive goods and China will import at least 10 million tonnes of US coal in 2027 and 2028.
US and China agree to extend trade truce to January.
The US proposes a notification mechanism with China on AI risks.
Washington proposed a new AI safety notification mechanism.
US proposes AI safety mechanism, including a notification system for potential AI incidents.
The US has proposed a direct AI safety channel with China for major AI-related national security incidents.
US proposes AI safety notification mechanism with China.
US and China discuss setting up a 'US-China AI dialogue' to communicate about AI issues.
US Treasury Secretary Scott Bessent described the meeting with China as 'very successful'.
Story published. Treasury officials to discuss critical minerals in bid to ease economic tensions
The US Treasury's Bessent and China's He are set to launch talks on AI, trade, and critical minerals, marking a significant development in the economic relationship between the two countries. The talks aim to address key areas of cooperation and competition between the US and China. ## What's at Stake The discussions will focus on critical minerals, a crucial component in the production of various technologies, including those related to AI. The launch of these talks signifies a willingness from both nations to engage in dialogue on issues that have been a point of contention in their economic relationship. ## Why it Matters The US and China are two of the world's largest economies, and their economic relationship has a significant impact on global trade and commerce. The outcome of these talks could have far-reaching implications for businesses and industries that rely on trade between the two nations. As the talks are set to begin, it remains to be seen what specific agreements or understandings will be reached, but the fact that they are taking place is a positive sign for the economic relationship between the US and China.
