Bessent and He Lifeng reportedly hold New York talks on AI, tariffs and critical minerals

A market commentary post says Treasury Secretary Bessent and China’s He Lifeng discussed AI, tariffs and critical minerals in New York ahead of a planned Trump–Xi summit. It reports S&P futures rising about 0.2% and Nasdaq futures about 0.4%. The author argues that semiconductor and China-sensitive stocks would reprice first if concrete language on rare earths and AI guardrails emerges, while upbeat statements without substance could leave the gains vulnerable.