Eei, things dey hot for the US-China relationship o! Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng dey meet again for Madrid to talk about serious mata dem. Two big things dey on the table: the wahala about TikTok and the deadline for tariffs wey go come November.
According to the Treasury Department, dem go talk about “trade issues of mutual interest,” which include the future of TikTok for inside America. Dem go chop talk about national security issues too, like how to stop money laundering networks.
The Chinese Ministry of Commerce sef confirm the meeting, say e go happen from September 14-17. Dem add say “U.S. unilateral tariff measures” and TikTok dey for the agenda.
Remember say President Trump already delay the tariff matter for 90 days last month. So, if dem no settle am, wahala fit burst again for November. As for TikTok, the deadline dey September 17. If ByteDance, the company wey own TikTok for China, no sell the app, dem go ban am for America. But Trump talk say he go likely extend the deadline.
People dey hope say dem go see some progress for these two mata dem. But Capital Economics talk say dem no expect any big agreement between America and China for the coming months. Dem say the world economy dey split into two big blocs.
What this mean for Ghana?
These talks fit affect Ghana too. If America and China no gree, e fit affect trade and investment for the whole world. We for Ghana need to watch how things dey go and plan accordingly. We for make sure say we dey protect our own interests and dey look for opportunities to grow our economy.
What Next?
- Watch out for updates from the meeting in Madrid.
- Think about how these issues fit affect your business or family.
- Support policies wey go help Ghana grow and prosper.