US proposes AI incident alert system in talks with China

The U.S. has proposed a notification system with China for artificial intelligence incidents that could threaten national security, announced Treasury Secretary Scott Bessent on Sunday ahead of talks between President Donald Trump and China's Xi Jinping this week. Bessent discussed the proposal with Chinese Vice Premier He Lifeng in New York, emphasizing the importance of transparency between the world's top two AI powers. The two sides also agreed to operationalize a new "Board of Trade" first discussed during the leaders' May meeting in Beijing. U.S. Trade Representative Jamieson Greer said discussions continue on lowering tariffs for "nonsensitive" items, potentially including consumer goods, agricultural products, energy, and medical devices. Chinese state media confirmed "candid" talks on economic issues, with analysts noting the AI risk mechanism could set a precedent for other nations.