True
US Treasury Secretary Scott Bessent described trade and AI consultations with China as successful following a meeting with He Lifeng, the Chinese vice premier who serves as Beijing's lead economic negotiator with Washington.
Bessent and He Lifeng anchor economic diplomacy between Washington and Beijing — the US Treasury on one side, China's economic policy portfolio on the other. Their meeting placed trade and AI on a single agenda, pairing the two issues that now sit at the center of the bilateral economic relationship.
In his assessment of the meeting, Bessent characterized the trade-AI consultations as successful, applying the positive judgment to both negotiation tracks.
The pairing of trade and AI on the agenda underscores the technology's growing weight in economic discussions between the two governments, with implications for the semiconductor industry and the broader AI sector on both sides of the Pacific.
The claim that Bessent, after meeting He Lifeng, described the trade-AI consultations as successful is True.
