Bessent to Meet He Lifeng Ahead of Trump-Xi Summit

Summary

Stephen Engle reports that Treasury Secretary Scott Bessent will meet Chinese counterpart He Lifeng with USTR Jamieson Greer and Chinese negotiators ahead of the Trump-Xi summit. The meeting is expected this weekend, possibly in New York on Sunday, with low expectations for major deliverables. Topics include Iran sanctions and AI policy, and Engle expects AI to dominate the week ahead of the summit.

• Bessent and He Lifeng are set to meet ahead of the Trump-Xi summit.
• Jamieson Greer and Chinese negotiators are expected to join the talks.
• The meeting may occur this weekend, possibly in New York on Sunday.
• Expectations for major deliverables are described as fairly low.
• Iran sanctions and AI policy are among the likely agenda items.
• An Anthropic paper and Chinese state media response have fueled AI debate.
• Howard Lutnick met with Anthropic representatives on the sidelines.
• Engle says AI will dominate the coming week ahead of the summit.