US and China Trade Teams to Meet in New York on AI, Iran, and Trade

US and Chinese trade officials will meet in New York on Sunday to discuss trade, AI, and Iran ahead of a summit between President Donald Trump and President Xi Jinping on Sept. 24 in Washington, with Treasury Secretary Scott Bessent and Vice Premier He Lifeng leading the talks. The negotiators aim to maintain stability in a tariff truce expiring in November, addressing energy disruptions from the Iran war, the AI boom, and trade barriers, while US Trade Representative Jamieson Greer will also attend, according to his office, and new US tariffs have been delayed until after the meeting The talks precede the UN General Assembly, with China expected to raise Taiwan and offer rare earth permits as a bargaining chip, while both sides seek to avoid escalation amid US sanctions on Iran and concerns over AI competition, though risks of renewed trade tensions remain