U.S. Treasury Secretary Janet Yellen met with her Chinese counterpart, He Lifeng, on Sunday, September 20, in New York. The meeting occurred just before a high-level summit between U.S. President Donald Trump and Chinese President Xi Jinping, which will focus on trade relations between the two nations. The talks centered on trade policies and the growing influence of artificial intelligence (AI), a technology that is rapidly changing industries and raising new global challenges. During the discussions, officials from both countries explored the creation of a "mechanism" for ongoing dialogue about AI. This would involve regular talks to address concerns about how different nations can effectively regulate and control AI technologies. Both the United States and China have expressed worries about the potential risks of AI, including its use in surveillance, military applications, and economic competition. The meeting comes at a time when the two countries are trying to manage their complex relationship, particularly in trade. A temporary pause in the trade war—marked by reduced tariffs—was set to expire in November 2026. This means that both sides are under pressure to reach agreements or at least maintain stability in their economic interactions. As the U.S. and China continue to navigate their relationship, discussions on AI and trade are likely to remain central. The outcome of these talks could influence not only bilateral relations but also global efforts to establish norms and regulations for AI development.