Bessent Says AI and Trade Talks With China Went Very Well as Trump-Xi Summit Nears
US Treasury Secretary Scott Bessent called AI and trade talks with China successful ahead of the Trump-Xi summit at the White House on September 24.
Why it matters
The New York talks produced concrete proposals on an AI incident-notification mechanism and possible tariff reductions on non-sensitive goods, while the trade truce from the October 2025 South Korea summit expires on November 10. The UN Security Council briefing takes AI-safety regulation to a body that can impose sanctions, with the companies building the technology testifying themselves.
Key facts
US Treasury Secretary Scott Bessent said negotiations with China covering AI and trade policy went very well ahead of the planned Trump-Xi meeting, without offering detailed terms.
Reported by Bitcoin Insider
Trump and Xi Jinping are scheduled to meet at the White House on September 24 for the Trump-Xi Summit.
Reported by TheNewsCrypto
China's Foreign Ministry confirmed on September 21 that Xi Jinping will make a US state visit from September 23 to 25 at Trump's invitation.
Reported by TheNewsCrypto
The trade truce reached at the October 2025 summit in South Korea is set to expire on November 10.
Reported by TheNewsCrypto
Bessent, US Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng held talks in New York on September 20, proposing a US-China AI incident-notification mechanism and possible tariff reductions on non-sensitive goods.
Reported by TheNewsCrypto
Trump wrote on Truth Social that he will not in any way hinder or stifle the growth of the AI industry and called fears that AI will threaten humans a hoax.
Reported by CoinGape
Trump said whoever wins AI wins, claimed the United States currently leads China, and announced an AI Force.
Reported by CoinGape
OpenAI's Sam Altman, Anthropic's Dario Amodei, researcher Yoshua Bengio and Hugging Face's Clément Delangue are scheduled to brief the UN Security Council on AI risks on Wednesday, with DeepSeek and Moonshot also invited and France's Foreign Minister chairing.
Reported by Decrypt
What happened
US Treasury Secretary Scott Bessent said negotiations with China on artificial intelligence and trade policy went very well, without detailing any terms, ahead of the September 24 Trump-Xi summit at the White House. TheNewsCrypto reported that China's Foreign Ministry confirmed on September 21 that Xi Jinping will make a state visit to the United States from September 23 to 25 at Trump's invitation, his second meeting with Trump this year after the US president visited Beijing in May. Bessent, US Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng held talks in New York on September 20, producing a proposal for a US-China mechanism to notify each other about AI incidents and for possible tariff reductions on non-sensitive goods, according to TheNewsCrypto. Trump wrote on Truth Social that the US 'will not in any way hinder or stifle the Growth of this incredible Industry', called fears that AI threatens humans a 'hoax', and said whoever wins AI wins, with the United States currently ahead of China, per CoinGape. Decrypt reported the UN Security Council will hear on Wednesday from OpenAI's Sam Altman, Anthropic's Dario Amodei, researcher Yoshua Bengio and Hugging Face's Clément Delangue, with China's DeepSeek and Moonshot also invited and France's Foreign Minister Jean-Noël Barrot chairing; Amodei has urged slowing AI development while keeping US chip export restrictions on China.
How the story developed
- Update
Bessent, Greer and He Lifeng hold trade and AI talks in New York
Talks produced a proposal for an AI incident-notification mechanism and possible tariff reductions on non-sensitive goods.
- Official statement
China's Foreign Ministry confirms Xi's state visit
Foreign Ministry confirmed Xi will visit the United States from September 23 to 25.
- Official statement
Trump says the US will not stifle AI growth
Trump posted on Truth Social that the government will help AI grow and monitor for issues, and announced an AI Force.
- First report
First report by Bitcoin Insider
AI and Trade Talks With China Deemed Very Successful, Bessent Says Before Trump-Xi Meeting
- Update
Bessent's upbeat assessment of US-China talks reported
Bessent said AI and trade negotiations with China went very well ahead of the Trump-Xi meeting.
- Independent corroboration
Independently corroborated by CoinGape
Breaking: President Trump Says US Will Not Stifle AI Growth as Industry Expands
- Update
UN Security Council to hear from AI companies on AI risks
Altman, Amodei, Bengio, Delangue, DeepSeek and Moonshot are set to brief the council, chaired by France's Foreign Minister.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 21 Sept 2026, 09:07 UTC: Bitcoin Insider — 1 independent source, 1 reports
- 21 Sept 2026, 12:59 UTC: TheNewsCrypto — 2 independent sources, 2 reports
- 21 Sept 2026, 17:24 UTC: CoinGape — 3 independent sources, 3 reports
- 22 Sept 2026, 22:16 UTC: Decrypt — 4 independent sources, 4 reports
Affected entities
Also mentioned: South Korea
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin Insider Aggregator | AI and Trade Talks With China Deemed Very Successful, Bessent Says Before Trump-Xi Meeting | Original | |
| Decrypt Crypto media | UN Security Council Will Get Advice on AI Risks From Tech Giants Building It | Independent | |
| CoinGape Crypto media | Breaking: President Trump Says US Will Not Stifle AI Growth as Industry Expands | Independent | |
| TheNewsCrypto Crypto media | Trump-Xi Summit Set for September 24 as US-China Talks Focus on Trade, AI and Critical Minerals | Syndicated |
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