<h6><strong>Eduardo González</strong></h6> <h4><strong>This Sunday, September 14, Foreign Minister José Manuel Albares received the US and Chinese delegations who had traveled to Spain to hold a new round of trade negotiations at the Santa Cruz Palace in Madrid, headquarters of the Ministry.</strong></h4> "The Government of Spain wishes to thank both countries for their trust in choosing Madrid as the venue for this bilateral meeting and reiterates its full involvement and collaboration with both delegations in its organization," the Ministry of Foreign Affairs stated in a statement. "Spanish foreign policy is committed to diplomacy and negotiation to achieve understanding between nations," he continued. "The Ministry of Foreign Affairs, EU and Cooperation is a bridge for rapprochement and dialogue and is pleased to have been chosen as the host of this round of negotiations," he concluded. US Treasury Secretary Scott Bessent traveled to Madrid as part of a European tour that will continue in the United Kingdom. At the Santa Cruz Palace, Bessent has been meeting with Chinese Vice Premier He Lifeng since Sunday to negotiate an agreement on tariffs, export controls, and the future of TikTok. This meeting follows the extension of the tariff truce last August until November, suspending new taxes and reducing previously imposed tariffs to 30% for Chinese goods and 10% for US goods. The Madrid meeting also aims to pave the way for a meeting between the presidents of both countries, Donald Trump and Xi Jinping, who could meet at the end of October at the Asia-Pacific Economic Cooperation (APEC) summit in Gwangju, South Korea. This is the fourth round of trade negotiations between the two major powers, following those held in Geneva, London, and Stockholm, and is scheduled to run until September 17.
