Treasury Secretary Scott Bessent (l) and Spanish Foreign Minister Jose Manuel Albares|Jose Manuel Albares|X
US and Chinese officials began high-level trade talks in Madrid on Sunday, aiming to ease strained ties.
Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer met with Chinese Vice Premier He Lifeng and top negotiator Li Chenggang.
The agenda included US tariffs, China’s Russian oil purchases, and the looming deadline for TikTok’s US divestiture.
Experts say the talks are unlikely to yield a breakthrough but may lead to another extension of TikTok’s deadline.
Washington also urged allies to impose tariffs on China over its oil trade with Russia.
Spain, hosting the talks, hopes to boost its global diplomatic role while strengthening ties with both nations amid wider geopolitical tensions.