US, EU, and China Discuss Trade Deal Including TikTok and Tariffs

According to the Twitter account @RapidResponse47

Representatives of the United States, the European Union, and the People’s Republic of China discussed a trade agreement during a meeting that, according to U.S. President Donald Trump, went “very well.” The White House released information about the negotiations’ progress via Truth Social. They also noted that an agreement was reached on a certain aspect of the deal concerning a specific company that the youth in our country actively supported. They expect positive outcomes from the decisions that have been made.

“The meeting went ‘very well’, Trump said.”

– Donald Trump

By “a certain company” they mean TikTok, the service owned by China’s ByteDance. In the United States, legislation has already been enacted that obliges citizens or enterprises to sell TikTok to American investors or restrict access to the network within the country.

“An agreement was also reached regarding the ‘certain’ company that the youth in our country very much wanted to save. They will be very happy!”

– Donald Trump

In policy and analytical circles, there is also talk of a planned conversation with the head of the PRC, Xi Jinping. According to Trump, they are to exchange views on trade issues, technological controls, and regulation of digital platforms. He stressed that close contacts with the Chinese leader remain an important part of his foreign policy.

“Trump stressed that he has ‘wonderful’ relations with Xi Jinping.”

– Donald Trump

September steps: tariffs, pressure, and trade opportunities

On September 13, Trump announced an initiative to impose tariffs on China in the range of 50–100% through the import of Chinese oil from Russia, arguing that this step is aimed at deterring aggression and stopping Russia’s aggressive actions against Ukraine. At the same time, on September 12, the U.S. Treasury asked G7 countries and EU allies to impose “significant tariffs” on goods from China and India in order to reduce purchases of Russian oil and increase pressure on Russia.

“significant tariffs” on goods from China and India, to stop Russian oil purchases and intensify pressure on the Russian Federation.

– U.S. Department of the Treasury

As part of further diplomatic steps, a meeting of finance ministers and trade representatives is expected to align positions on trade, technology, and anti-money laundering efforts. Scott Bessent announced plans to travel to Madrid for talks with Chinese Vice Premier He Lifeng to discuss the details of the deal, TikTok issues, and cooperation in the area of financial oversight. China has already warned that in case of further pressure from NATO and the United States it may take appropriate counter-measures in response.

Analysts and experts expect further escalation among the three players and stronger coordination to stabilize global trade-and-energy relations in the coming months. At the same time, participants in the negotiation process emphasize the need to balance the interests of the United States, the EU, and China to preserve global economic and political balance in turbulent times.

You might be interested in: