Bessent proposes US-China AI security notification system in talks with Chinese vice premier

U.S. Treasury Secretary Scott Bessent proposed a new U.S.-China notification mechanism for AI security during talks Sunday in New York with Chinese Vice Premier He Lifeng, ahead of a Trump-Xi summit this week. The proposal focuses on national security concerns, with a notification system covering AI incidents reaching national security levels. Bessent said the goal is moving from opacity to greater transparency between the world's top two AI powers. China's response remained unclear. The discussions also addressed implementing a May-agreed process for potential tariff reductions on non-strategic goods, though no progress was reported on critical minerals supply. The U.S.-China trade truce expires November 10.