Bessent to Talk Trade, TikTok With Chinese Officials in Madrid

US Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in Madrid to discuss trade, economic and national security issues in another sign that talks between the two sides are heating up.

The discussions next week will also cover TikTok’s status and efforts to combat money laundering, according to a schedule released by the Treasury Department on Thursday.

The economic talks come as Washington and Beijing have engaged in a flurry of diplomatic outreach this week, smoothing the path for a potential meeting between Xi Jinping and Donald Trump.

Top defense and foreign policy officials from ...