The United States and China are set to hold a second day of trade talks in Spain amid efforts to de-escalate tensions between the world’s two largest economies.

US and Chinese officials will meet at the Santa Cruz Palace in Madrid on Monday in their latest bid to reach a comprehensive trade deal after months of tit-for-tat trade salvoes between the sides.

Officials, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, held about six hours of talks on Sunday.

The talks, which are scheduled to run until Wednesday, come as relations between Washington and Beijing continue to be roiled by differences on trade, including China’s purchase of Russian oil.

President Donald Trump’s administration has been pushing US allies to impose steep tariffs on China and India ove

See Full Page