US EditionUS and China officials meet in Stockholm to discuss how to ease trade tensions
STOCKHOLM, SWEDEN, JUL 29 – US and China aim to maintain current tariff levels and address trade issues including fentanyl-related tariffs amid ongoing negotiations to prevent escalation, with a $295.5 billion US trade deficit last year.
- Senior representatives from the United States and China convened in Stockholm on Monday for another series of discussions focused on reducing ongoing trade disputes.
- The meeting takes place as the temporary 90-day ceasefire approaches its end date of August 12, at which point tariffs are expected to increase by 10 percent amid ongoing disputes.
- The truce included reduced tariffs, with U.S. rates lowered to 30 percent and Chinese tariffs set at 10 percent, while previous talks also secured China easing restrictions on rare earth element exports.
- U.S. Treasury Secretary Scott Bessent described the talks as in a 'very good place' and noted China faces a manufacturing slump and real estate crisis requiring domestic solutions.
- The discussions are anticipated to prolong the ceasefire and may pave the way for a future meeting between Presidents Trump and Xi Jinping to tackle the substantial trade imbalance between the United States and China, which amounts to close to $300 billion.
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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.
China hold new talks on tariff truce, easing path for Trump-Xi meeting - Hawaii Tribune-Herald
STOCKHOLM — Top U.S. and Chinese economic officials met in Stockholm on Monday for more than five hours of talks aimed at resolving longstanding economic disputes at the centre of a trade war between the world’s top two economies, seeking to extend a truce by three months.
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