The United States is “very close” to a deal with China to settle their dispute over TikTok, US Treasury Secretary Scott Bessent said Monday as the two sides resumed trade talks in Madrid.

Bessent and Chinese Vice Premier He Lifeng opened the latest round of discussions in Madrid on Sunday, seeking to narrow differences on trade and technology that have strained relations between the world’s two largest economies.

The meetings are expected to continue through Wednesday — the deadline for TikTok to find a buyer or face a ban.

“On the TikTok deal itself, we’re very close to resolving the issue,” Bessent told reporters as he arrived at Spain’s foreign ministry for a second day of talks.

“If we don’t reach an agreement on TikTok, it doesn’t affect the overall relationship between the two co

See Full Page