US Proposes AI Incident Mechanism Ahead of Trump-Xi Talks
Treasury Secretary Scott Bessent stated on Sunday that the United States has put forth a new “notification mechanism” aimed at addressing artificial intelligence incidents that may pose a threat to national security. This proposal emerged during discussions over the weekend, in anticipation of the upcoming talks at the White House this week between President Donald Trump and China’s Xi Jinping. We want a shared vision of common goals and common threats’, Bessent told reporters after talks with Chinese Vise Premier He Lifeng in New York.
“We want a shared vision of common goals and common threats,” Bessent told after talks with Chinese Vice Premier He Lifeng in New York. “We think that just like any cross-border activity, that moving from opaque to more transparency between the No. 1 and the No. 2 AI powers in the world is very important.” Trump has resisted calls to slow down AI development, saying that would help China catch up to US companies. In the expansive lobby of the JPMorgan Chase headquarters late Sunday, Bessent and US Trade Representative Jamieson Greer indicated that the foundation had been established for the upcoming discussions between Xi and Trump scheduled for Thursday.
It was reported that the two parties reached an agreement to implement a new “Board of Trade,” a topic previously discussed by the leaders during their meeting in Beijing in May. “Today those notions have become reality,” Greer said. Greer indicated that the nations were continuing their discussions regarding which “nonsensitive” items might be eligible for reduced tariffs. The potential list could encompass consumer and agricultural goods, energy products, and medical devices.
