On Monday at Madrid's historic Santa Cruz Palace, top U.S. officials sat down with their counterparts from the Chinese mainland for talks on economic and trade issues.
U.S. Treasury Secretary Scott Bessent praised the sessions as "respectful, wide-ranging, and in-depth," while U.S. Trade Representative Jamieson Greer called them "productive," noting a "great and deep respect for each other." 🤝
Beyond broad trade topics, the spotlight turned to a hot-button issue: TikTok. Bessent announced that the two sides have sketched out a framework to address the "challenging and prickly" questions around the app. 📱
Here's the scoop on why this matters:
- Data & Security: The U.S. wants clearer rules on how personal data is handled.
- Economic Impact: TikTok's ad revenue is a big player in the digital marketplace.
- Path Forward: Turning the framework into a full deal will require follow-up meetings and detailed timelines.
With mutual respect as the foundation, the talks ended on a hopeful note. Both sides agreed to keep the dialogue going – proof that even tricky topics can find common ground! 🌍✨
Reference(s):
U.S. says trade talks with China respectful, in-depth, and productive
cgtn.com