US, China trade teams set to huddle in New York on AI, Iran

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U.S. Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng will lead talks on trade and other pressure points Sunday in New York ahead of next week’s summit between the leaders of the world’s two biggest economies. The negotiators will lay the groundwork for a high-profile meeting between President Donald Trump and Chinese President Xi Jinping on Sept. 24 in Washington. Bessent and He last met face-to-face near Seoul four months ago, just days before Trump visited Beijing in May. Energy disruptions from the Iran war, the artificial intelligence boom, and trade and investment are likely to top the…

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