Hey everyone! 🤝 China and the U.S. are set to kick off their fourth round of major trade talks in Spain from September 14–17, led by Chinese Vice Premier He Lifeng.
Since May, they’ve met in Geneva, London and Stockholm to cool down a tariff standoff on goods like smartphones, palm oil and sneakers (yep, global market vibes!).
In Geneva (mid-May), both sides agreed to a 90-day pause on 24% of U.S. tariffs and matching measures from China. London in June tightened the plan, and Stockholm in July extended the pause again—now lasting until November 20.
Spain’s talks will dive deeper into thorny issues like export controls, digital platforms (hey, TikTok fans!), and more. Experts say this steady chat routine helps create predictability for global markets.
Why you should care: from the price of your next smartphone to deals on Shopee or Flipkart, and even airfare for your Bali getaway, stable trade ties mean more predictable costs. It’s a boost for tech startups and e-commerce hustles across South and Southeast Asia!
With both sides leaning into dialogue over conflict, these talks signal hope for smoother economic waves ahead. Stay tuned and keep refreshing those feeds! 🌐✨
Reference(s):
Last rounds of China-U.S. Trade Talks: Consensus, deadline extensions
cgtn.com
