Trump says US has significant advantage over China in AI
US President Donald Trump said that the United States has a significant advantage over China in the development of artificial intelligence. He also called Chinese President Xi Jinping’s planned visit to Washington on September 24 exciting. This was reported by the South China Morning Post.
Speaking to reporters in the Oval Office, Trump said that the United States is far ahead of China in AI. According to him, the sides will have many good and productive topics to discuss during Xi Jinping’s visit.
Expectations for the meeting
At the same time, analysts cited by the publication do not expect significant agreements or substantial structural changes from the summit. Zach Cooper, a senior fellow at the American Enterprise Institute, said he had not heard of preparations for major outcomes from the meeting because, in his view, there would be few of them.
On the eve of this, US Treasury Secretary Scott Bessent sharply criticized China over its refusal to sign a joint communiqué at a meeting of G20 finance ministers in North Carolina. He said that non-market economies that supply an endless stream of cheap goods for export are acting in a way that is not sustainable.
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Investments and relations with Canada
Trump also announced an allegedly record volume of investment in the United States — $20 trillion. He called this figure five times larger than the previous record, which, according to him, had previously belonged to China. The publication notes that analysts find it difficult to verify some of these figures, while some commitments may be declarative or easily reversible.
The US president separately said that it is easier to reach agreements with China than with Canada. Trade talks between Washington and Ottawa collapsed at the end of the previous month after Canadian Prime Minister Mark Carney accused the United States of bad-faith actions over “unfair and uneconomic” changes at the final stage. The American side said that Canada was backing away from its previous commitments.
In addition, Trump said that within 30 days his administration is to announce details of an initiative to modernize airspace software. It предусматривает replacing outdated air traffic control infrastructure with real-time digital platforms and AI-based solutions.