US and Chinese officials are holding a second day of trade talks in Spain on Monday as the deadline looms for the Chinese owner of TikTok to find a buyer or face a ban in America.
The negotiations, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, are the latest attempt to end a trade war between the world’s two biggest economies.
Top level trade delegations from Beijing and Washington last met in July, when they struck a deal to extend their tariffs truce by another 90 days until 10 November.
After initially calling for TikTok to be banned during his first term, Trump has reversed his stance on the popular video-sharing app and delayed the ban three times so far.