On September 14, 2025, new economic talks between US and Chinese officials began in Madrid, focusing on tariffs, export controls, and TikTok's status.
Start of Talks
The talks between US and Chinese officials commenced in Madrid. Key figures include Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent. The meeting aims to address significant economic and regulatory topics between the two nations.
Main Discussion Topics
The discussions focus on issues such as unilateral tariffs and the status of TikTok. The Official Spokesperson of the Ministry of Commerce, PRC noted, "China is firmly committed to safeguarding the legitimate rights and interests of its enterprises and will handle the TikTok issue in accordance with the relevant laws and regulations."
Impact on Global Economy
Preliminary results of the discussions could affect global trade dynamics; however, no direct evidence of shifts in crypto markets has been observed at this stage. Historical data indicates that previous US-China negotiations often resulted in short-term market changes.
The talks between the US and China in Madrid may signify a turning point in their economic relations, the implications of which will become evident in the future, including for digital currencies.