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US and China officials meet in Stockholm to discuss how to ease trade tensions
STOCKHOLM, SWEDEN, JUL 29 – US and Chinese officials aim to extend the 90-day tariff truce amid talks on fentanyl tariffs, technology exports, and supply chains ahead of a possible leaders' summit, analysts say.
- U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are scheduled to meet, with some suggesting a future summit may be discussed.
- On Monday, Washington and Beijing agreed to extend their tariff truce by 90 days, with no immediate tariff hikes expected on August 1.
- As talks resume, U.S. and Chinese officials note this is the third round this year, nearly four months after President Donald Trump’s import tax proposal, with current tariffs at 30 and 10.
- According to analysts, the Stockholm talks will extend reduced tariff levels below prior triple-digit rates, and U.S.-China Business Council president Sean Stein said `What's more important is the atmosphere coming out`.
- Looking toward a summit, observers say the meeting could set the stage for a Trump-Xi Jinping summit later this year, reflecting a shift in US-China relations.
357 Articles
357 Articles
Efforts to make sense of the many ongoing tariff negotiations with the US as the August 1 "deadline" approaches are getting…
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.
Top Chinese, US trade officials huddle in Sweden for second day of thorny talks over tariffs
STOCKHOLM (AP) — Chinese and U.S. trade officials arrived for a second day of meetings in the Swedish capital Tuesday to try to break a logjam over tariffs that have skewed the pivotal commercial ties between the world’s two largest economies. U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng made no public comments to reporters after the first day of talks that lasted nearly five hours behind closed doors at the Swedish p…
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