Xinhua News Agency of Singapore reported today: "The first round of economic and trade talks between China and the United States ended in Madrid, Spain. The two sides will continue negotiations on Monday (September 15). Trade experts and sources expect this round of talks will not make substantial progress, and the most likely outcome is an extension of the deadline for selling TikTok's U.S. business."
Since the beginning of this year, China and the United States have held three rounds of economic and trade talks in Geneva, Switzerland; London, United Kingdom; and Stockholm, Sweden. In addition to extending the mutual tariff imposition by 90 days twice, the talks did not involve the issue of TikTok. Previously, Trump had signed three executive orders, extending the deadline for selling TikTok's U.S. business to September 17.
Regarding the U.S. government's excuse of "security" to force TikTok to sell its U.S. business, China has clearly expressed its firm opposition and will never sacrifice the legitimate interests of Chinese enterprises. The U.S. practice of using the so-called "security" as a pretext to seize assets by force will ultimately fail.
Original article: www.toutiao.com/article/1843289759481932/
Statement: This article represents the personal views of the author.