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U.S. Floats Plan to Swap AI Safety Warnings With China, Treasury’s Bessent Says

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The United States has proposed creating a U.S.-China mechanism to share alerts on AI-related incidents with national-security implications, Treasury Secretary Scott Bessent said after talks with Chinese officials in New York. The initiative would be housed within a new bilateral AI dialogue to be weighed by President Donald Trump and Chinese leader Xi Jinping at a Washington summit this week, though analysts see slim odds of a sweeping AI accord amid mutual distrust. U.S. Trade Representative Jamieson Greer said the discussions won’t alter existing export controls on advanced chips and manufacturing gear that have constrained Chinese AI firms. Both sides moved to activate a previously announced “Board of Trade” and are exploring tariff reductions on non-sensitive goods, even as a fragile trade truce faces a Nov. 10 expiration.

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