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00:02Treasury Secretary Scott Besant said Sunday that he had a successful meeting with Chinese
00:07vice premier.
00:08He, Li Feng, ahead of Chinese President Xi Jinping's visit to Washington this week,
00:13according to CNBC.
00:14The talks covered artificial intelligence and trade before Trump and Xi meet, on September
00:1924.
00:20Besant said the U.S. proposed creating a U.S.-China AI dialogue and a notification mechanism
00:26for AI incidents that rise to a national security level.
00:29U.S. Trade Representative Jameson Greer said the U.S. and China have operationalized the
00:34U.S.-China Board of Trade to help facilitate future trade negotiations over certain groups
00:38of goods.
00:39The summit is also expected to cover tariffs, as a suspension of heightened reciprocal tariffs
00:44on Chinese imports is scheduled to expire on November 10.
00:47For all things money, visit Benzinga.com.
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