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International Business Times

Business

US 'Very Close' To TikTok Deal With China: US Treasury Chief

TikTok United States Scott Bessent China Donald Trump The United States He Lifeng Madrid Beijing Nvidia

US Treasury Secretary Scott Bessent said US-China ties remain 'still very good at the highest levels' even if no TikTok deal is reached (Credit: AFP)

The United States is "very close" to a deal with China to settle their dispute over TikTok, US Treasury Secretary Scott Bessent said Monday as the two sides resumed trade talks in Madrid.

Bessent and Chinese Vice Premier He Lifeng opened the latest round of discussions in Madrid on Sunday, seeking to narrow differences on trade and technology that have strained relations between the world's two largest economies.

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