US Aim Is to De-Risk Not Decouple With China, Bessent Says

Speaking in New York at the National Committee on United States-China Relations, Bessent outlined America's strategic approach to economic relations with China. The Treasury Secretary emphasized that the US seeks to manage risks rather than completely separate its economy from China.

Bessent revealed that both nations are working to establish a direct channel for communication regarding incidents involving their 'super intelligence' or artificial intelligence models. This mechanism would allow each country to alert the other about potential AI-related issues.

The announcement comes amid ongoing tensions between the two economic powers, with the US increasingly focused on protecting sensitive technologies while maintaining economic engagement.