US Treasury Secretary Calls China Meeting on Trade and AI Very Successful

US Treasury Secretary Scott Bessent said a recent meeting with Chinese officials on trade and artificial intelligence was "very successful." The discussion, held in Washington, focused on bilateral trade issues and the emerging AI sector. Bessent highlighted that both sides reached a consensus on several key points, including the need for clearer trade rules and cooperation on AI standards. The Secretary emphasized that the dialogue marked a significant step toward reducing trade friction and fostering collaboration in high‑tech innovation. While the meeting did not produce a formal agreement, it set the stage for future negotiations and policy alignment between the two economies.