[VT Philadelphia | September 15, 2025] President Donald J. Trump announced on social media that the recent U.S.-China trade discussions held in Madrid were “very successful.” He revealed that an agreement was reached concerning a company popular among young Americans and confirmed plans to speak with Chinese President Xi Jinping this Friday to continue advancing bilateral relations, emphasizing that “the relationship remains a very strong one!!!”
The talks, led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, took place on September 14 in Madrid. Key topics included the future of TikTok, owned by ByteDance, tariffs, export controls, and national security measures.
This marks the fourth round of trade negotiations between the two nations, following previous meetings in Geneva, London, and Stockholm. Earlier this year, both sides agreed to a “trade truce” and extended certain tariff agreements for 90 days.
The Spanish government placed significant importance on these discussions, with Foreign Minister José Manuel Albares personally welcoming the U.S. and Chinese delegations.
Additionally, high-level diplomatic communications continue. On September 10, 2025, Chinese Foreign Minister Wang Yi and U.S. Secretary of State Marco Rubio held a conversation, emphasizing the importance of strategic guidance from both heads of state and the need to manage differences while exploring practical cooperation to stabilize bilateral relations.
The Madrid talks are seen as a significant step in stabilizing U.S.-China relations, highlighting ongoing cooperation and competition in technology, trade, and global affairs.
