Top Chinese, US trade officials huddle in Sweden for second day of thorny talks over tariffs
STOCKHOLM, SWEDEN, JUL 29 – US and China aim to extend a 90-day tariff pause with 30% US tariffs on Chinese goods and 10% Chinese tariffs on US products, focusing on market access and technology issues.
- American and Chinese trade officials engaged in a three-day round of talks in Stockholm starting on Monday, July 14, 2025, to address ongoing tariff disputes.
- These talks followed a 90-day tariff pause agreed in Geneva in May 2025, which is set to expire on August 12 without a new accord, prompting efforts to extend it.
- The discussions focus on issues like market access, technology exports, Chinese consumption balance, and trade in critical minerals, while maintaining U.S. tariffs at 30% and Chinese retaliations at 10%.
- U.S. Trade Representative Jamieson Greer called the talks 'constructive' but uncertain on a deal, while Treasury Secretary Scott Bessent expressed that negotiations remain in a 'very good place.'
- Unless extended, the tariff ceasefire will expire on August 12, with strong bipartisan support in the U.S. Congress enabling President Trump to enforce tariffs reaching as high as 500%, including additional duties targeting entities that buy Russian energy.
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71 Articles
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