• Latest
  • Trending
U.S. and China meet in Madrid to discuss trade and TikTok

U.S. and China meet in Madrid to discuss trade and TikTok

Sagar Adani highlights renewable energy and storage as key to energy security

Sagar Adani highlights renewable energy and storage as key to energy security

Jack Henry, Google Cloud expand AI cybersecurity partnership for banks and credit unions

Jack Henry, Google Cloud expand AI cybersecurity partnership for banks and credit unions

Persistent Systems to acquire Nagarro in EUR 81-per-share deal

Persistent Systems to acquire Nagarro in EUR 81-per-share deal

India’s Clean Energy ambition has a Grid problem

India’s Clean Energy ambition has a Grid problem

Historic surge in Income-Tax Returns filing for AY 2024-25: Key highlights and insights

These ITR filing mistakes you should avoid in 2026

Record FPI inflows boost Indian government bond market

Record FPI inflows boost Indian government bond market

Commodity market highlights: Precious metals decline, crude extends weekly losses

Commodity market highlights: Precious metals decline, crude extends weekly losses

Govt. of India steps up measures to combat online fraud, fake news and misleading advertisements

RBI’s new compensation rules for banking fraud victims

AI could cut global fuel production costs by $225 billion by 2050: Honeywell-MIT report

AI could cut global fuel production costs by $225 billion by 2050: Honeywell-MIT report

Tech Mahindra CEO Mohit Joshi earns ₹ 67.5 crore in FY26

Tech Mahindra CEO Mohit Joshi earns ₹ 67.5 crore in FY26

RBI proposes new rules for large NBFCs

RBI proposes new rules for large NBFCs

POSCO and JSW Steel partner for major integrated steel plant project in Odisha

POSCO and JSW Steel partner for major integrated steel plant project in Odisha

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Saturday, June 27, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

U.S. and China meet in Madrid to discuss trade and TikTok

in world
Reading Time: 2 mins read
0
U.S. and China meet in Madrid to discuss trade and TikTok
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 15 Sep 2025

On Sunday, Chinese and U.S. officials met in Madrid to speak about their current trade disputes, China’s deadline to sell its U.S. operation of app TikTok, and the pressure of the U.S. on its allies to place tariffs on China for Chinese oil buys from Russia.

The negotiations, initiated by US Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, Chinese Vice Premier He Lifeng, and chief trade negotiator Li Chenggang, were held in the Spanish foreign ministry. These negotiations were the fourth in recent months when both nations have gathered in Europe to attempt to de-escalate tensions in their trade relations.

The biggest point of contention in the talks is probably TikTok. ByteDance, the Chinese company that owns the app, has been asked by the U.S. government to dispose of its U.S. business by September 17 or risk being shut down. The experts expect the negotiations to lead to yet another deadline extension, the fourth since President Donald Trump entered the White House.

Aside from the TikTok problem, the U.S. has persisted in imposing high tariffs on Chinese products, a strategy that was launched during Trump’s term. The U.S. is also urging China to cease buying Russian oil, which has become an issue in international politics because of Russia’s participation in the conflict in Ukraine. U.S. Treasury Secretary Bessent has called for G7 nations to impose tariffs on Chinese and Indian imports if they keep purchasing oil from Russia.

Low expectations were in place for significant breakthroughs in this round of negotiations. Trade expert William Reinsch said that significant deals are not likely to happen unless there is a bilateral meeting between U.S. President Donald Trump and Chinese President Xi Jinping. Both sides appear to be probing one another’s positions ahead of a possible meeting later in the year, perhaps at an Asia-Pacific Economic Cooperation (APEC) summit in Seoul.

Wendy Cutler, a former American trade negotiator, shared Reinsch’s opinion that significant decisions, such as the fate of TikTok and the cutting of tariffs, could be delayed until the Trump-Xi encounter. She further stated that China would not make substantial concessions unless the U.S. relieves export controls and reduces tariffs, which are of utmost importance to China.

The U.S. is also calling on China to cease supporting Russia with the conflict in Ukraine, specifically in terms of technology products that enable Russia to get around sanctions. Besides the trade talks, the Madrid talks were set to also discuss matters such as money laundering and the U.S. efforts to have China stem illegal exports of technology.

The talks are set to resume with preliminary press conferences scheduled in the afternoon.

Related Posts

Crude oil drops on signs of US Iran deal

Crude oil drops on signs of US Iran deal

0

Athira Sethu Kochi, 25 May 2026 The price of crude oil witnessed a sharp fall during the morning session of...

Crude oil prices drop as US Iran peace talks continue

Crude oil prices drop as US Iran peace talks continue

0

Athira Sethu Kochi, 7 May 2026 Prices for Crude Oil Fell to Around $101 per Barrel Early Thursday Morning, May...

NASA’s SLS rocket, powered by Boeing, launches Orion moon mission

NASA’s SLS rocket, powered by Boeing, launches Orion moon mission

0

DBT Bureau Pune, 3 April 2026 NASA’s Space Launch System (SLS) rocket, featuring a core stage built by Boeing, launched...

Shanghai Electric delivers first large-scale biomethanol bunkering for international shipping

Shanghai Electric delivers first large-scale biomethanol bunkering for international shipping

0

DBT Bureau Pune, 26 March 2026 Biomethanol from Shanghai Electric's Taonan project has been successfully bunkered onto the container vessel...

Sagar Adani highlights renewable energy and storage as key to energy security
News

Sagar Adani highlights renewable energy and storage as key to energy security

0

DBT Bureau Pune, 27 June 2026 Sagar Adani, Executive Director, Adani Green Energy Limited (AGEL), today called for faster electrification...

Read moreDetails
Jack Henry, Google Cloud expand AI cybersecurity partnership for banks and credit unions
Artificial Intelligence

Jack Henry, Google Cloud expand AI cybersecurity partnership for banks and credit unions

0

DBT Bureau Pune, 27 June 2026 Jack Henry® and Google Cloud announced an expanded collaboration to deliver AI-driven security capabilities...

Read moreDetails
Persistent Systems to acquire Nagarro in EUR 81-per-share deal
News

Persistent Systems to acquire Nagarro in EUR 81-per-share deal

0

DBT Bureau Pune, 27 June 2026 Galaxy Germany Holding SE, a wholly owned direct subsidiary of Persistent Systems Ltd., has...

Read moreDetails
India’s Clean Energy ambition has a Grid problem
Opinion

India’s Clean Energy ambition has a Grid problem

0

By Sadananda Mohapatra, Senior Business Journalist Can India’s Grid Keep Up With Its Own Clean Energy Ambition? Reliance Industries is...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.