US EditionBessent, China Trade Negotiator to Meet in Madrid: Reuters
- From September 12 to 18, U.S. Treasury Secretary Scott Bessent will hold discussions in Madrid with Vice Premier He Lifeng of China and other high-ranking officials to address issues related to trade, the economy, and national security.
- This meeting follows previous discussions that extended a 90-day tariff suspension authorized by President Trump in August, aiming to preserve the trade truce despite ongoing disagreements over tariffs and agricultural issues.
- The discussions will focus on enhancing cooperation to address money laundering, the future of TikTok amid U.S. ownership requirements, and concerns regarding illegal financial activities linked to Russia’s conflict in Ukraine.
- President Trump extended TikTok’s divestment deadline to September 17, while U.S. tariffs on Chinese goods remain around 55%, impacting farm exports as China shifts purchases to South America.
- Although the meeting aims to sustain trade peace, it remains uncertain whether it will yield progress on agricultural sales or tariff reductions amid ongoing disagreements.
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Both powers will "debate on key issues of mutual interest in national security, economy and trade, including TikTok, according to the US Treasury Department China seduces India to build from the Shanghai Club an economic bloc against the US China and the United States will hold a new round of trade negotiations in Madrid in the coming days, in which they will also deal with issues such as TikTok or cooperation on money laundering networks. In a …
Exclusive: Bessent, Chinese vice premier to meet in Madrid next week on trade, TikTok
U.S. Treasury Secretary Scott Bessent plans to meet with Chinese Vice Premier He Lifeng and other senior officials next week in Madrid to continue their discussions on trade, economic and national security issues, the Treasury said on Thursday.
Secretary Scott Bessent will meet with high officials from China during his stay in Spain. To date, the Chinese authorities have not officially confirmed the meeting.
US, China Officials to Discuss Trade and TikTok Issues in Madrid
US Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in Madrid to discuss trade, economic and national security issues in another sign that talks between the two sides are heating up.
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