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Al Jazeera

Business

John Power

US, China talk trade amid threats over Russian oil, TikTok ban

United States Donald Trump TikTok China Oil Russia Deborah Elms He Lifeng Scott Bessent Spain

Chinese Vice Premier He Lifeng leaves Santa Cruz Palace following a meeting with US Treasury Secretary Scott Bessent in Madrid, Spain, on September 14, 2025 [Louiza Vradi/Reuters]

The United States and China are set to hold a second day of trade talks in Spain amid efforts to de-escalate tensions between the world’s two largest economies.

US and Chinese officials will meet at the Santa Cruz Palace in Madrid on Monday in their latest bid to reach a comprehensive trade deal after months of tit-for-tat trade salvoes between the sides.

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