US and China open talks on trade, critical minerals and AI ahead of Trump-Xi summit
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are meeting in New York ahead of a planned Trump-Xi summit, with trade, critical minerals and AI safeguards on the agenda.
By DoomRadar · Published on DoomRadar . Updated .
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How the effects could reach youConditional effects
What happened
The talks are scheduled at JPMorgan Chase’s Manhattan headquarters and include US Trade Representative Jamieson Greer. [1][2]
References for this detail (2)
- US Treasury's Bessent, China's He to launch talks on AI, trade, critical mineralschannelnewsasia.com · Recorded source date: Sep 20, 2026, 6:46 AM UTC
- US, China set for talks on AI, tariffs and critical minerals ahead of summit | Hellenic Shipping News Worldwidehellenicshippingnews.com · Recorded source date: Sep 21, 2026, 12:31 AM UTC
Officials are discussing a US-China trade truce due to expire on Nov. 10, Chinese rare-earth magnet and critical-mineral exports, and possible AI guardrails. [1][2]
References for this detail (2)
- US Treasury's Bessent, China's He to launch talks on AI, trade, critical mineralschannelnewsasia.com · Recorded source date: Sep 20, 2026, 6:46 AM UTC
- US, China set for talks on AI, tariffs and critical minerals ahead of summit | Hellenic Shipping News Worldwidehellenicshippingnews.com · Recorded source date: Sep 21, 2026, 12:31 AM UTC
A senior US official said China’s performance in restoring critical-mineral supplies to US and global users has not been up to standard. [1][3]
References for this detail (2)
- US Treasury's Bessent, China's He to launch talks on AI, trade, critical mineralschannelnewsasia.com · Recorded source date: Sep 20, 2026, 6:46 AM UTC
- Bessent, He Lifeng launch New York talks on trade, AI and Iran ahead of Trump-Xi summitbusinesstimes.com.sg · Recorded source date: Sep 20, 2026, 10:17 PM UTC
The discussions are intended to prepare potential agreements for a Trump-Xi summit in Washington this week; analysts cited by Reuters expect limited steps rather than a broad breakthrough. [2]
References for this detail (1)
- US, China set for talks on AI, tariffs and critical minerals ahead of summit | Hellenic Shipping News Worldwidehellenicshippingnews.com · Recorded source date: Sep 21, 2026, 12:31 AM UTC
Context from the sources
An earlier November 2025 truce capped US tariffs on Chinese goods at about 20% after reciprocal tariffs had reached triple-digit levels, according to the reports. [1][3]
Explore the sources and reporting timeline
3 source links · 3 domains
These counts describe the references, not independent confirmations. Different outlets can repeat the same original report.
Source timeline
Oldest to newest among the available source dates, not a chronology of the incident. Article publication dates come from the source; other recorded dates may reflect when a link was found.
- [1] US Treasury's Bessent, China's He to launch talks on AI, trade, critical mineralschannelnewsasia.comReferenced for: detail 1, detail 2, detail 3
- [3] Bessent, He Lifeng launch New York talks on trade, AI and Iran ahead of Trump-Xi summitbusinesstimes.com.sgReferenced for: detail 3
- [2] US, China set for talks on AI, tariffs and critical minerals ahead of summit | Hellenic Shipping News Worldwidehellenicshippingnews.comReferenced for: detail 1, detail 2, detail 4
What this could mean for you
Some goods using affected minerals could become more expensive or harder to source.
Reduced critical-mineral availability can raise input costs and disrupt manufacturing supply chains.
Reported basis: [1][3] · The possible effect is interpretation.
Depends on: Talks fail to restore or stabilize mineral flows.
Possible time frame: weeks, if those conditions hold.
Companies dependent on US-China trade may face changed costs or sourcing decisions.
Expiry of the tariff truce could expose goods to higher duties.
Reported basis: [1][2] · The possible effect is interpretation.
Depends on: No extension or replacement is agreed before Nov. 10.
Possible time frame: weeks, if those conditions hold.
Possible consequences, not a forecast. Their relevance depends on your location and the conditions above.
For your country
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What changes the outlook
Risk increases if…
The trade truce expires without an extension or replacement.
Critical-mineral deliveries remain below the level sought by US officials.
Pressure eases if…
The talks produce an agreement extending the truce.
China restores the critical-mineral flows discussed by negotiators.
Still unclear
Whether the talks will produce agreements before the Trump-Xi summit.
Whether the trade truce will be extended beyond Nov. 10.
Market implications
Market impact
Sources (3)
References for the reported details. Separate links do not necessarily mean independent confirmation.
Available excerpt
The Manhattan meeting comes days before US President Donald Trump is due to host Chinese President Xi Jinping at the White House in Washington. NEW…A short excerpt from our source record; open the original for the full article.
Available excerpt
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to hold talks in New York on Sunday covering artificial intelligence, tariffs…A short excerpt from our source record; open the original for the full article.
Available excerpt
US, China are the two major forces driving development of advanced AI tools and the global adoption of the technology Many of the issues that…A short excerpt from our source record; open the original for the full article.
First tracked by DoomRadar: . AI-assisted analysis · . Based on linked headlines and available excerpts. Methodology · Report an error.