US Treasury Secretary to Meet with China on Trade – TikTok Sale Likely on the Agenda

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Introduction: Tensions Mount as U.S.-China Talks Set to Resume

As the global economic landscape continues to shift, eyes are once again on the evolving relationship between the United States and China. In a recent statement, U.S. Treasury Secretary Bessent announced an upcoming meeting with her Chinese counterparts in the coming weeks to discuss bilateral trade issues. The conversation could extend beyond traditional economic topics, possibly including the fate of TikTok’s U.S. operations—a matter that has generated intense political and commercial scrutiny in both nations. With Donald Trump’s return to the presidency in January 2025, the geopolitical stakes are even higher, suggesting that this meeting could significantly influence U.S.-China relations moving forward.

the Original

On July 7, U.S. Treasury Secretary Bessent appeared on CNBC and revealed plans to meet with Chinese trade negotiators within the next few weeks. While the primary focus will be trade, Bessent suggested that the discussion could also touch on other pressing topics, including the contentious issue of TikTok’s U.S. business.

Although Bessent stated that TikTok does not fall under her direct responsibilities, she acknowledged the broader economic implications and hinted that the platform might come up during the talks. This is particularly relevant considering former President Donald Trump—now reinstated as U.S. President as of January 20, 2025—recently stated during a television appearance on June 29 that a buyer for TikTok’s American operations could be announced within two weeks. However, such a deal would still require approval from the Chinese government, adding a layer of complexity to any negotiations.

The article also briefly notes that

What Undercode Say:

The impending meeting between the U.S. and China underscores a pivotal moment in global economics. On the surface, it appears to be a standard dialogue on trade, but the potential inclusion of TikTok—a tech giant that straddles both cultural and commercial spheres—signals a deeper strategic play.

1. TikTok: More Than Just an App

TikTok isn’t merely a social media platform. It’s a data-rich ecosystem with immense influence over youth culture and digital advertising. Washington’s concerns center around national security, data privacy, and ideological influence. For China, TikTok remains a point of technological pride and economic value.

2. The Trump Factor

Trump’s return has reignited aggressive posturing on China. His administration’s efforts to force a sale of TikTok in 2020 were blocked by courts and delayed by red tape. Now, with a second term and a more experienced team, the pressure is back on—this time with clearer political and legal strategies.

3. Trade Talks Beyond Tariffs

Historically, trade talks focused on tariffs and market access. Today, they extend to semiconductors, green energy, and digital infrastructure. Bessent’s willingness to “explore beyond trade” reflects this broader scope. The U.S. may use economic leverage to address tech ownership, cyber standards, and even digital sovereignty.

4. A Chess Game of Approval

Even if a U.S. buyer emerges for TikTok, China’s approval is no formality. Beijing has already tightened its rules on tech transfers, especially AI-related algorithms. China might use this moment to assert its control or to bargain for reciprocal concessions—say, access for Chinese firms in the U.S.

5. U.S. Economic Strategy: Fragment or Decouple?

This meeting could reflect a growing shift toward “strategic fragmentation”—where countries seek tech independence instead of open integration. If TikTok’s U.S. operations are sold under pressure, it sets a precedent that may affect other Chinese firms like Shein, Temu, or even Huawei’s software services.

6. Impact on U.S. Businesses and Consumers

A forced TikTok sale would ripple across sectors. U.S. marketers, influencers, and small businesses relying on the platform could face disruptions. On the flip side, American tech companies may benefit from reduced competition or new market opportunities.

7. Election Optics and Timing

The timing is political gold. A major move on TikTok would signal strength ahead of the 2026 midterms, energizing Trump’s base and framing Democrats as “soft on China.” Whether this is genuine policy or political theater is a matter of perspective.

8. Conclusion: A Multi-Layered Agenda

Ultimately, this upcoming meeting isn’t just about trade deficits or app ownership. It’s about the long game: global influence, digital sovereignty, and the future of U.S.-China relations. With Trump back in power and the world watching, every gesture matters.

🔍 Fact Checker Results:

✅ Bessent’s CNBC appearance on July 7 is confirmed.

✅ Trump did announce a possible TikTok buyer reveal by mid-July.
❌ TikTok sale is not guaranteed, as it still requires China’s official approval.

📊 Prediction:

Expect the U.S.-China meeting to produce headlines rather than concrete agreements. While symbolic progress may be made on trade, the TikTok discussion will likely stall due to legal and geopolitical barriers. Trump’s team may use the optics of the negotiations to drive a stronger anti-China narrative domestically, particularly if a TikTok deal fails to materialize—paving the way for stricter tech sanctions or executive orders aimed at digital decoupling by late 2025.

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Reported By: xtechnikkeicom_2d66c9f545cf72d81955af92
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