US and China officials meet in Stockholm to discuss how to ease trade tensions
- Senior U.S. and Chinese negotiators met in Stockholm on May 12, 2025, to discuss longstanding economic disputes and maintain a tariff truce.
- The meeting follows a preliminary deal struck in June and comes ahead of the August 12 deadline for China to secure a lasting tariff arrangement with the U.S. administration.
- Discussions focused on tariff reductions, easing high-tech export controls, China's economic rebalancing, and the fentanyl-related 20% tariff imposed by the U.S.
- The U.S. tariffs total 55% on most goods, and China currently faces 25% duties on industrial goods, a 20% fentanyl tariff, and a 10% reciprocal tariff.
- The talks aim to extend the current truce, prevent tariff escalation, and potentially pave the way for a future Trump-Xi meeting, though no breakthrough is expected yet.
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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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