The US and China headed into a second day of talks on Sunday and discussed trade, the economy and TikTok during a day of high-level talks in Madrid, a Treasury official confirmed. The US team, led by Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, met with the Chinese Vice Premier He Lifeng for…
Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent are leading a new round of trade talks in Madrid, with the tariff truce reached in Stockholm set to expire in November. The delegations arrived at the Spanish foreign ministry in central Madrid on Sunday afternoon local time, just hours after the Chinese team touched…
TAIPEI, Taiwan (AP) — China launched two probes targeting the U.S. semiconductor sector Saturday ahead of talks between the two nations in Spain this week on trade, national security and the ownership of social media platform TikTok. China’s Ministry of Commerce announced an anti-dumping investigation into certain analog IC chips imported from the U.S. The…
US Treasury Secretary Scott Bessent will meet with senior Chinese officials, including Vice Premier He Lifeng, during a European trip next week to discuss national security, economic and trade issues, the Treasury Department said on Thursday. US Secretary of the Treasury Scott Bessent (left) shakes hands with Chinese Vice Premier He Lifeng during a bilateral…
Beijing has warned against “unilateral actions” targeting Chinese interests, as the US intensifies pressure on Western allies to impose steep tariffs on China and India for allegedly “enabling” Russia’s invasion of Ukraine by continuing to buy Russian oil. US President Donald Trump issued a letter to Nato members on Saturday, urging them to stop buying…
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet in Madrid next week, keeping alive high-level talks on trade, security and economic flashpoints, both Washington and Beijing confirmed on Friday. The talks will run for four days, starting on Sunday, according to China’s Commerce Ministry. “The two sides will…
Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to meet for another round of US-China talks. Both sides are searching for a way forward on a TikTok ban and a November tariff deadline. The meeting in Madrid will cover “trade issues of mutual interest,” including the fate of TikTok in the…
Traders work at the New York Stock Exchange on June 4, 2025. NYSE Here are two statements that, on the surface, may appear contradictory: The U.S. labor market is weakening, with the number of jobs in June actually decreasing. The U.S. stock market is hitting all-time highs, with the Nasdaq Composite being the latest index…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Help wanted Last week’s salvo of job market data was weaker-than-expected across the board. While that raised some investors’ hopes for a forthcoming interest rate cut from…
There is a major divide in the American heartland. US farm states are facing a drop in exports of key commodities as Beijing turns to alternative suppliers, primarily in Brazil, as a result of Donald Trump’s trade war. Some farmers, however, want to give the US president the benefit of the doubt that his go-slow…