US-China Trade Talks End Without Tariff Extension Decision Ahead of Deadline
Recent trade discussions between the United States and China in Stockholm have concluded without a definitive decision regarding the extension of the current tariff pause, which is set to expire on August 12. Both nations have expressed a commitment to continue negotiations but refrained from committing to an extension at this time.
US Trade Representative Jamieson Greer plans to return to Washington to consult with President Trump on the matter. Chinese Trade Representative Li Chenggang echoed the desire for ongoing dialogue, highlighting the importance of collaboration amid rising tensions over tariffs on goods such as semiconductors and AI chips.
The discussions reflect the complexities of the trade relationship, with both sides recognizing the need for further talks to navigate these challenges. A potential face-to-face meeting between the leaders could play a crucial role in resolving existing disputes and establishing a more stable trading environment.
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