US, China push for trade balance and AI cooperation, said Bessent
The United States and China are looking to reshape their economic relationship by addressing longstanding trade imbalances and expanding cooperation on artificial intelligence (AI), US Treasury Secretary Scott Bessent has said. Bessent stressed that both countries need to make changes to their economic models to build a more balanced and sustainable trading relationship, arguing that greater economic reciprocity would benefit businesses and people on both sides. “The United…