Nvidia Probe and Tiktok Deadline are becoming a US-Kita Trading Talks

Negotiations on trade in US and China continued on the second day in Spain, with a few points of features, ranging from tariff rates, export control and rapid term for deprivation of Chinese social media Tiktok.

The first day of the negotiations – led by the Minister of Treasury Scott and Trade Representative Jamisan Grira on the US side, as well as the Deputy Prime Minister – the Chinese Lifeeng and the leading trading negotiator Lihgang for China – focused on Tiktok, tariffs and economics.

Recent talks in Madrid mark fourth round of bilateral meetings in four months after both sides reached an agreement in May To pause most steep tariffs and go back some of their mutual restrictions. A trip to Washington’s senior trading negotiator of Chinese Lee CHANGGANG last month has made little progress.

When the parties go on the second day of negotiations, the infant said they has made good progress in technical details and close to reaching the tiktok agreement.

“Our Chinese colleagues came with a very aggressive issue,” he said, Reuters reports. “We will see if we can get there now. We are not ready to donate national security for the application on social media.”

In recent days, tension has increased. Last weekend China launched Two investigations aimed at semiconducting the USincluding confrontation probe concerning certain Analog IC-Microschemes of American Productiontogether with Investigation of anti -discrimination The US moves against the Chinese chips.

Investigations were initiated after the US added Another 23 companies based in China Last Friday.

On Monday, the Chinese market regulator stated that a preliminary investigation was revealed Nvidia violated the laws of the country’s competition, adding that a further probe at the US giant will be held.

Nvidia became a “lever for both parties”, with an expanded probe as “clearly part of the Beijing negotiation tactics to show his hard side in Washington,” said George Chan, a digital practice partner at Business Advisory The Asia Group.

These shopping barbecue, which exchanged ahead of the Madrid rapprochement, were “not encouraging,” said Wandy Catler, a former US trade representative and head of the Asian Society Institute in Washington, adding that “China is going to manage a fierce transaction” in the Second Mandate of the US President Donald Trump.

Catler noted that Beijing was able to force Washington to lift certain control over the export of technological equipment to China after he enhanced exports of critical minerals and magnets to the US

“With this approach (this) it is difficult to learn how bilateral economic relations are improving. It looks more like (a),” Katler said.

Separately China’s Ministry of Commerce in statement The Trump’s request to the European Union to impose up to 100% on China for the purchase of Russian oil to the country.

It was a “classic act of unilateral bullying and economic coercion” and “a serious violation of the consensus reached” during the call between Trump and XI earlier this year, the ministry’s press stated in a statement, promising to take “any necessary measures” to protect the legitimate interests of Bean.

Officials are expected to discuss details of a potential meeting between Trump and his Chinese XI Jinping counterpart at the end of this year. A Wall Street Journal reported on Sunday This Beijing has sought to throw Trump’s visit to China in the last two months, which would be the first state visit of the US president to the country after A trip to 2017.

The chance for the potential meeting of the XI-Trump will depend on the results of the Madrid conversation, in particular, the fate of the cichk, Chen said that the Asian group, warning that the temperature could increase further if Washington was “disrespectful” in Beijing when it seeks to manage the perception of relations from the US.

Byta-sistorus in Beijing Sestoral faces a term on Wednesday to reach a continuation transaction in the US Trump Operations Has Trump Extended similar terms three times this year With Beijing and Washington, seeking control over the algorithm for app recommendations.

China, which should approve any sale, has put this technology in the export control list and has still suggested little indication of the readiness to allow such a transfer to the US owner.

Later on Sunday, Trump told reporters that the negotiations were “going normally” and that the fate of Beijing would depend on the fate of the Beijing.

Since the tick will become a useful deal for Trump to defeat young American voters, Beijing may be “more than Trump’s troops on Tiktok, if necessary (for) US tariffs by 10% or more,” NEO Van said China’s strategy at Evercore ISI.

. Evelyn Chen in CNBC made a report.