The United States and China are set to hold a new round of trade talks in Stockholm next week, with both sides aiming to extend the current tariff truce before a looming August deadline.
US Treasury Secretary Scott Bessent has indicated that the deadline for higher tariffs could be pushed back by up to 90 days, signaling flexibility despite earlier hardline rhetoric. The talks may also expand to cover issues beyond traditional trade, such as China's purchases of oil from Russia and Iran. President Trump is simultaneously pursuing aggressive tariff strategies with other countries, but the US-China negotiations remain the central focus for global markets.
The outcome of these talks is expected to have significant implications for international trade and economic stability.
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