• 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

SBI Life reports strong Q1 FY26 performance with 14% profit growth and robust premium gains

SBI Life Insurance share down 3% after mixed Q4FY26 results

Honeywell Aerospace chooses Cyient DLM for Micro VCS aircraft cooling innovation

Cyient DLM shares up 8% in 5 trading sessions; Know what is driving it !

Oil near $100, metals rebound as Iran tensions fuel supply risks

Oil near $100, metals rebound as Iran tensions fuel supply risks

FintechOS, Tech Mahindra to deliver composable banking and insurance solutions worldwide

Tech Mahindra FY26 revenue at $6.38 billion; up 0.6% over previous fiscal

AstraZeneca backs ICC 2026 to strengthen cardiac care training

AstraZeneca backs ICC 2026 to strengthen cardiac care training

Nestle India reports strong sales momentum in Q4FY26; stock up

Nestle India reports strong sales momentum in Q4FY26; stock up

Persistent Systems share fell more than 9% on bourses post Q4 results

Persistent Systems reports strong Q4FY26 results; stock down on sectoral concerns

Impact of Trump’s Tariffs on Indian Manufacturing and Stock Markets

Stocks to watch out today

HCLTech Partners with Boardwalktech to Improve EUC Risk Management for Financial Institutions

HCLTech FY26 revenue at $14.66 billion, up 3.9% YoY; revenue guidance of 1-4% for FY27

IPO Tracker: Groww reports strong FY25 financials

Groww reports sharp surge in profit & revenue in Q4FY26

Adani Power enters nuclear segment with new subsidiary formation

Adani Power enters nuclear segment with new subsidiary formation

Current Market Volatility: How should investors approach it?

What do HDFC Bank & ICICI Bank results say about current state of economy?

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Thursday, April 23, 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

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...

Which pre-crisis African LNG projects could provide critical supply for Europe

Which pre-crisis African LNG projects could provide critical supply for Europe

0

DBT Bureau Pune, 24 March 2026 Europe’s gas strategy is under renewed pressure. Rising geopolitical risk and tightening global LNG...

Lockheed Martin’s Sikorsky ramps up production of new variant S-92® helicopter

Lockheed Martin’s Sikorsky ramps up production of new variant S-92® helicopter

0

DBT Bureau Pune, 8 March 2026 Sikorsky, a Lockheed Martin company is preparing to build the first production batch of...

SBI Life reports strong Q1 FY26 performance with 14% profit growth and robust premium gains
Market

SBI Life Insurance share down 3% after mixed Q4FY26 results

0

Athira Sethu Kochi, 23 April 2026 Shares of SBI Life Insurance were trading 3.1% down at Rs 1,826 at 1...

Read moreDetails
Honeywell Aerospace chooses Cyient DLM for Micro VCS aircraft cooling innovation
Market

Cyient DLM shares up 8% in 5 trading sessions; Know what is driving it !

0

Debasis Mohapatra Bengaluru, 23 April 2026 Shares of Cyient DLM have rallied more than 8% in the last five trading...

Read moreDetails
Oil near $100, metals rebound as Iran tensions fuel supply risks
Commodity

Oil near $100, metals rebound as Iran tensions fuel supply risks

0

DBT Bureau Pune, 23 April 2026 Commodity markets turned volatile as geopolitical tensions involving Iran, the U.S., and Israel intensified,...

Read moreDetails
FintechOS, Tech Mahindra to deliver composable banking and insurance solutions worldwide
Market

Tech Mahindra FY26 revenue at $6.38 billion; up 0.6% over previous fiscal

0

Debasis Mohapatra Bengaluru, 22 April 2026 Tech Mahindra reported a net profit of Rs 1,354 crore in Q4 of FY26,...

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.