U.S., China begin trade talks in Spain as TikTok deadline looms
Reuters · Just In
Reuters
Just In
U.S. and Chinese officials concluded a first day of talks in Madrid on their strained trade ties, a looming divestiture deadline for Chinese short-video app TikTok, amid Washington's demands that its allies place tariffs on imports from China over its purchases of Russian oil.
Breakdown
- U.S. and Chinese officials met in Madrid for trade talks amid ongoing tensions.
- The U.S. has extended tariffs on Chinese goods and is urging allies to do the same. 6s
- A deadline for ByteDance to divest TikTok's U.S. operations is approaching. 1m 5s
- Experts expect another extension of the TikTok deadline, with limited progress in talks. 1m 43s
- More substantive trade outcomes may be delayed until a possible Trump-Xi meeting later in the year. 2m 8s
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Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.