<\/p>\n
China and the United States kicked off the latest round of trade talks on Sunday in Madrid, where they are set to thrash out their TikTok dispute and President Donald Trump\u2019s promised hefty tariffs.<\/p>\n
The Chinese delegation is in the Spanish capital until Wednesday and senior officials, including Vice Premier He Lifeng, will meet with the US delegation led by Treasury Secretary Scott Bessent.<\/p>\n
The Spanish government said Sunday\u2019s talks got under way at the Palacio de Santa Cruz, the headquarters of the Ministry of Foreign Affairs.<\/p>\n
<\/p>\n
Trade tensions between Beijing and Washington have been on a rollercoaster ride in 2025, with both sides slapping escalating tariffs on each other.<\/p>\n
Tit-for-tat US-China tariffs reached triple digits on both sides at one point this year, snarling supply chains.<\/p>\n
Washington and Beijing have since reached an agreement to de-escalate tensions, temporarily lowering tariffs to 30 percent on the United States\u2019 side and 10 percent on China\u2019s part.<\/p>\n
In August, they delayed the threatened reimposition of higher tariffs on each other\u2019s exports for another 90 days \u2014 meaning the pause on steeper duties will be in place until November 10.<\/p>\n
\u201cThe Chinese and US delegations convened here on Sunday for talks on economic and trade issues,\u201d China\u2019s official Xinhua news agency said in a report from the Spanish capital.<\/p>\n
Top leaders from both countries will also discuss their dispute over the TikTok social media platform during the meetings in Madrid.<\/p>\n
China urged the United States on Friday\u00a0to address their dispute through dialogue.<\/p>\n
The deadline for the popular app to find a non-Chinese buyer or be banned in the United States is September 17, after Trump extended it for the third time.<\/p>\n
A federal law requiring TikTok\u2019s sale or ban on national security grounds was due to take effect the day before Trump\u2019s January inauguration.<\/p>\n
Beijing\u2019s commerce ministry called on Washington on Friday to \u201cwork with China on the basis of mutual respect and equal consultations, to resolve each other\u2019s concerns through dialogue and find a solution to the problem\u201d, according to a statement.<\/p>\n
China launched two investigations into the US semiconductor sector on Saturday.<\/p>\n
Beijing opened an anti-dumping probe into some IC chips originating from the US, its commerce ministry said in a statement.<\/p>\n
The ministry also said in a separate statement it will launch an investigation into whether the United States had discriminated against the Chinese chip sector.<\/p>\n
Senior Chinese trade negotiator Li Chenggang urged \u201cequal dialogue and consultation\u201d\u00a0between China and the United States after a three-day visit to Washington in August.<\/p>\n
The US-China trade truce has been an uneasy one, with Washington accusing Beijing of violating their agreement and slow-walking export license approvals for rare earths.<\/p>\n
China is the world\u2019s leading producer of rare earths, used to make magnets essential to the automotive, electronics and defence industries.<\/p>\n
Top diplomats and defence chiefs from both nations held back-to-back discussions on Wednesday, which analysts said could mark a step towards a meeting between Trump and Chinese leader Xi Jinping.<\/p>\n
Trump said in August he expects to visit China this year or shortly afterwards, noting that economic ties between the two countries have improved.<\/p>\n<\/p><\/div>\n
Rephrase in a different way as if you were a native American speaker as a content creation expert and do not talk about yourself or your experience in the text and do not show yourself as an artificial intelligence who wrote and fill the bullet point in the topic and speak the heart of the topic itself and dont take date of blog in ther first and dont take text like box of newsliter subscribe on post from content and romove all linke insert in content and and remove all affiliate disclosure phrases on content like this “This post may contain Amazon or other affiliate links that allow us to earn a small commission at no extra cost to you. Please see our Disclosure Policy for more info” and “#” put in its place bullet point, and romove name of the web site or his links we are take a content from our new creation<\/p>\n","protected":false},"excerpt":{"rendered":"
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