High-Stakes Talks: U.S. and China Tackle Tariffs and TikTok
U.S. and Chinese officials have concluded a meeting in Madrid focused on tariffs, TikTok, and the economy, with further talks planned for Monday. Key figures, U.S. Treasury Secretary Scott Bessent and Chinese Vice Prime Minister He Lifeng, ended Sunday's discussions, while teams will continue technical negotiations.
- Country:
- Spain
In a significant development, U.S. and Chinese delegations met in Madrid on Sunday to deliberate on pressing issues such as tariffs, the economy, and the burgeoning influence of TikTok. According to a U.S. government official, these high-stakes discussions ended with a mutual agreement to reconvene on Monday.
Leading the talks were U.S. Treasury Secretary Scott Bessent and Chinese Vice Prime Minister He Lifeng. While both officials departed after Sunday's session, portions of their negotiators stayed behind to delve into technical negotiations expected to extend into the evening.
Details were scant, focusing primarily on TikTok and tariffs as part of their broad economic dialogue. This meeting continues the dialogue between two superpowers navigating a complex economic relationship.
(With inputs from agencies.)
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