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US and China officials meet in New York ahead of Trump-Xi summit to discuss AI, tariffs, and trade issues.

Market News
20 Sep 2026
CNBC
View Source
Neutral
US and China officials meet in New York ahead of Trump-Xi summit to discuss AI, tariffs, and trade issues.

US Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng in New York to discuss key economic issues including artificial intelligence, tariffs, and rare earths ahead of the Trump-Xi summit on September 24 in Washington, D.C. The talks aim to set the stage for advancing US economic interests and addressing the upcoming expiration of a tariff suspension on November 10. This meeting highlights ongoing US-China competition in technology and trade, with AI safety and national security also expected to be key topics during the summit. High-profile business leaders from both countries are expected to attend the summit, underscoring its economic significance.

US Treasury Secretary Scott Bessent's meeting with Chinese Vice Premier He Lifeng precedes the Trump-Xi summit. For readers following technology stocks, here is Pluang's market snapshot as of Sep 20, 2026 20:01 WIB: Among 150 US tech stocks, 52 rose and 97 fell. Lam Research Corporation (LRCX) gained 6.98% to USD 288.11 with mostly buy orders, while Seagate Technology Holdings PLC (STX) rose 6.93% to USD 858.79 despite predominantly sell orders. In contrast, Kyndryl Holdings Inc (KD) dropped 6.80% to USD 12.07.

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