US and Chinese officials have started important meetings in New York to reduce economic tensions between the two biggest economies. The discussions focus on trade deals, artificial intelligence rules, and the supply of key minerals. These talks aim to prepare the ground for a high-level meeting between US President Donald Trump and Chinese President Xi Jinping later this week.
Top officials leading the talks include the US Treasury Secretary and China’s Vice Premier. They are meeting at a major bank headquarters to discuss ways to avoid new conflicts. Both sides want to build on a recent trade agreement that helped lower some tariffs after earlier fights pushed costs very high.
A main topic is keeping alive a trade truce that ends soon. This deal had capped US tariffs on Chinese goods at around 20 percent. Leaders hope to extend or improve it to support steady business between the nations.
Another big issue is the flow of rare minerals used in cars, phones, and computer chips. China had agreed to keep supplies steady, but progress has been slow. The US wants better results to protect its industries from shortages.
Artificial intelligence is also on the table for the first time in such talks. Officials may discuss safety rules to stop powerful AI tools from reaching wrong hands. Chinese models are gaining interest from US firms because they often cost less.
These meetings come at a key time as global markets watch how the two powers handle their differences. Success here could lead to smoother relations and new agreements on technology and resources. The upcoming leaders’ summit will likely build on whatever progress happens now.