US-China trade talks set for day two as TikTok deadline looms
Summary
U.S. and Chinese officials are meeting for a second day of trade talks in Spain as the deadline for TikTok's owner to find a U.S. buyer approaches. The discussions aim to ease trade tensions between the two countries. The U.S. government has repeatedly extended this deadline due to national security and privacy concerns about TikTok.Key Facts
- U.S. and Chinese officials are having trade talks in Spain.
- The American and Chinese negotiators are Scott Bessent and He Lifeng.
- The talks aim to address issues in the trade relationship between the two countries.
- A deadline for the sale or ban of TikTok in the U.S. is near.
- The U.S. has extended the TikTok deadline three times already.
- TikTok faces scrutiny over national security and privacy concerns.
- TikTok has around 170 million users in the United States.
- The app is owned by Chinese company ByteDance.
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