US and China officials meet in Stockholm to discuss how to ease trade tensions
STOCKHOLM, SWEDEN, JUL 29 – The U.S. and China aim to extend a 90-day tariff truce to prevent tariffs from reverting to triple-digit levels and support potential talks between Presidents Trump and Xi, officials said.
- According to the South China Morning Post report, U.S.-China Business Council leaders will visit China this week, led by FedEx CEO Rajesh Subramaniam and including Boeing executives and USCBC President Sean Stein.
- Amid looming August 12 tariff deadline, Stockholm talks beginning July 28, 2025, follow meetings in Geneva and London to extend a 90-day tariff pause, SCMP reported.
- Among the issues discussed, Beijing is poised to demand removal of the 20% fentanyl-related tariff during Stockholm talks, SCMP reported.
- SCMP reported that without an extension by August 12, tariffs could revert to triple-digit levels, but extending the deadline by another 90 days could avert this.
- Businesses will look for clues, as analysts say the talks could prompt a meeting between President Donald Trump and Chinese President Xi Jinping later this year.
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US says President Trump has ‘final call’ on China trade truce
By Nioucha Zakavati China and the United States agreed Tuesday to hold further talks on extending their tariff truce, but a top US trade official stressed that President Donald Trump would make any “final call.” US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng pose for a photo during meetings in Stockholm, Sweden, on July 28, 2025. Photo: US Treasury Department/AFP. The world’s top two economies met for a second day of nego…
The US and China continued their talks on the settlement of the customs dispute in Stockholm.
U.S. and Chinese officials began a second day of talks in Stockholm on Tuesday aimed at resolving long-running economic disputes and stepping back from an escalating trade war between the world's two largest economies. Specifically, the deal is aimed at reaching a deal on tariffs that has already been reached with the United States by Japan, the European Union and the United Kingdom.
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