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US Treasury chief, Chinese vice-premier to meet in Madrid on trade issues, TikTok
The Straits Times
|September 13, 2025
US Treasury Secretary Scott Bessent plans to meet Chinese Vice-Premier He Lifeng and other senior officials next week in Madrid to continue their discussions on trade, economic and national security issues, the Treasury Department said on Sept 11.
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The meetings, which will also cover the status of Chinese-owned social media platform TikTok and joint efforts to combat money laundering, are part of a Sept 12-18 trip that Mr Bessent is making to Spain and Britain, the department said in a statement to Reuters.
Mr Bessent will meet government counterparts in Madrid and London during the trip and will later join President Donald Trump for his official Sept 17-19 state visit with Britain's King Charles, the department said.
The Bessent-He discussion in Spain will be the fourth major in-person meeting between the two top economic officials in 2025 as they seek to maintain a trade truce that reduced retaliatory tariffs on both sides and restored the flow of Chinese rare earth minerals to the US.
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