Negotiations between US and Chinese officials are scheduled to commence in Spain, focusing on resolving ongoing trade disputes. ByteDance, a prominent social media company, is facing potential disruption due to a deadline to divest its US operations. The agreement will necessitate a complete shutdown of the company’s US-based business activities by September 17th. Officials are expected to discuss various issues impacting the cross-border trade relationship, aiming for a mutually agreeable resolution. The specifics of the negotiations are still under development.
Credits: The Straits Times World News